Riyadh – Mubasher: Baazeem Trading Company disclosed its interim financial statements for the second quarter of 2019.

Net profits after zakat and tax inched up by 0.35% to SAR 5.35 million in Q2-19, compared to SAR 5.34 million in Q2-18, according to a filing to the Saudi Stock Exchange (Tadawul) on Sunday.

Meanwhile, revenues of the Saudi-based firm retreated by 5.8% to SAR 76.56 million during the three-month period between April and June, from SAR 81.35 million in the corresponding period last year.

For the first half of 2019, net profits of Baazeem grew by 4.8% to SAR 12.3 million, versus SAR 11.8 million in H1-19.

Total revenues increased by 1.17% year-on-year to SAR 154.5 million during the first six months of 2019.

Profit per share recorded SAR 1.22 by the end of June, versus SAR 1.17 in the same period a year ago.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.