Al Kathiri Holding Co. posted a net profit after zakat and tax of SAR 7.58 million for the first half of 2019, a rise of 67.16 percent year-on-year (YoY) due to the profit it generated from its air force contract.
The second-quarter net profit after zakat and tax increased 32.76 percent YoY to SAR 3.01 million, backed by the profit the company generated from its air force contract.
|Gross Income||8.00||13.41||67.7 %|
|Operating Income||4.44||8.52||91.8 %|
|Net Income||4.54||7.58||67.2 %|
|EPS (Riyal)||1.00||1.68||67.2 %|
When compared to previous quarter, net profit declined 34.17 percent driven by lower sales hit by seasonality factors.