Riyadh – Mubasher: Al-Omran Industrial Trading Co’s profits surged 104% year-on-year to SAR 16.41 million in 2016 from SAR 8.05 million.
The company attributed the hike in profits to higher quantity and value of sales in order to grow in existing markets, open new markets, and add new products, according to a bourse filing on Thursday.
Total sales rose 16% to SAR 137 million in 2016 compared to SAR 118 million in 2015.
