Al-Othaim Markets profits increased by more than 30% in the first half of 2022 | Corporate News

Al-Othaim Markets Company’s profits grew by 30.6% to 137 million Saudi riyals following zakat and tax in the first half of this year, compared to 105 million riyals for the same period last year.

The company’s operating revenues rose in the first half of 2022 by 10.5% to 4.7 billion riyals, compared to 4.2 billion riyals for the same period last year, while the company’s profits for the second quarter of this year fell by 2.7% to 46.6 million riyals, compared to 48 million riyals for the same period of the year. Past.

The company’s sales for the second quarter of 2022 grew by 3.8% to 2.5 billion riyals, compared to 1.2 billion riyals for the same period in 2021.

Photo of author

Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

In the Mediterranean, Europe’s first wired underwater observatory is ready to open your eyes

Ben Affleck invites his ex-wife to his wedding to Jennifer Lopez while she begins the wedding preparations

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.