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17-01-14

Saudi Alhokair's net profit up 20.7 percent in Q3

(MENAFN) Profit of Saudi Arabian retailer Fawaz Abdulaziz Alhokair Co has boosted by 20.7 percent in the third quarter ended on December 31, according to Arab News. The company's net profit of three months was estimated at USD35Ù«53 million compared to USD29Ù«46 million in the same quarter of 2012. Alhokair"s profit for the first three quarters of its financial year increased 20 percent reaching USD154Ù«79 million.