Ahmed Fatihi announces financial results for the period ended Sep 2014

16/10/2014 09:09 AST

Net profit during the 3rd Quarter of 2014 amounted SAR 6.4 million versus SAR 5.2 million for the same quarter of the last year with an increase of 22.92%, the 3Q 2014 result as compared to SAR 18 million for the previous quarter showed a decrease of 64.47%. And, the net profit during nine months period is SAR 42.15 million as compared from SAR 36.38 million for the same period of the last year with an increase of 15.79%.

The gross profit during the 3rd Q of 2014 reached to SAR 44 million in comparison from SAR 33 million for the same quarter of the last year with an increase of 21.52%. The gross profit during nine months of year 2014 is recorded as SAR 134.46 million against SAR 113.74 million for the same period of the last year, showing an increase of 18.22%.

The operating profit during the 3rd Q of 2014 is recorded as SAR 8.7 million with an increase of 19.5% against SAR 7.2 million for the same quarter of the last year. The operating profit during nine months period of year 2014 reached to SAR 48.8 million with an increase of 16.95% versus SAR 41.7 million for the same period of the last year.

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