Al-Othaim Markets profits increased by more than 30% in the first half of 2022 | Corporate News

Al-Othaim Markets Company’s profits grew by 30.6% to 137 million Saudi riyals after zakat and tax in the first half of this year, compared to 105 million riyals for the same period last year.

The company’s operating revenues rose in the first half of 2022 by 10.5% to 4.7 billion riyals, compared to 4.2 billion riyals for the same period last year, while the company’s profits for the second quarter of this year fell by 2.7% to 46.6 million riyals, compared to 48 million riyals for the same period of the year. Past.

The company’s sales for the second quarter of 2022 grew by 3.8% to 2.5 billion riyals, compared to 1.2 billion riyals for the same period in 2021.

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