Al Hassan Ghazi Ibrahim Shaker Co. Reports Earnings Results for the Fourth Quarter and Year Ended December 31, 2016
January 19, 2017 at 08:43 am EST
Al Hassan Ghazi Ibrahim Shaker Co. reported earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, net loss was SAR 29,898,000 against SAR 17,842,000 a year ago. Operational profit was SAR 19,550,000 against SAR 22,241,000 a year ago.
For year, net profit was SAR 47,524,000 against SAR 136,536,000 a year ago. Operational profit was SAR 49,747,000 against SAR 91,454,000 a year ago. Earnings per share were SAR 0.75 against SAR 2.17 a year ago.