Al-Bahri, the Saudi leader in the world of transportation and logistics, announced positive results for the first quarter of the year in spite of the difficult market conditions, where the company's net profit jumped by 46%, and revenue grew by 17% During the quarter ended March 31, 2019 M.
The company added, in a statement that Namazone had seen a copy of, on a net profit of 179.33 million Saudi riyals, recording a record increase of 96.1%, compared to the previous quarter and a significant increase from 123.14 million Saudi riyals for the first three months of the year 2018 And, the total revenue for the first quarter of this year amounted to 1.7 billion Saudi riyals, compared to 1.45 billion Saudi riyals for the same period last year.
The total profits of the leading company increased by 40.2% year on year from 303.78 million Saudi riyals during the period from January to March last year, to reach 426.18 million Saudi riyals during the same period of this year.
Total profits increased by 7% over the previous quarter, whose revenues amounted to 398.11 million Saudi riyals Also, operating profit increased by 46.8% year on year from 256.91 million Saudi riyals during the period from January to March last year to 377.18 million SAR during the same period this year.
Namazon Services..programmed technical analysis platform ... for Emirati, Saudi, and global markets
To more:
Saudi Arabia’s surplus for the first time since 2014 < / a>
