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18-04-14

Saudi Al-Tayyar profit up 28.4 percent in Q1

(MENAFN) Net profit of Saudi Arabia"s Al-Tayyar Travel Group saw a significant growth of 28.4 percent in the first three months of the current year on growing sales and selling property and equipment, according to Arab News. Al-Tayyar profit was estimated at USD74.65 million during the quarter compared to USD 58.121million in the same quarter a year earlier. Bakheet Investment Group forecast Al-Tayyar would make a quarterly profit of USD65.613 million.