Listed transport firms’ sales rise by 22% to SR5.64bn
Sales (revenues) of the listed transport firms grew by 22 percent to reach SR5.64 billion in 2014 compared to SR 4.64 billion in 2013, according to a financial report.Meanwhile, net profits of the listed transport companies dropped by 20 percent to SR851 million compared to SR1.06 billion by the end of the previous year, Al-Hayat daily said in a report.The transport sector is composed of four companies whose market capitalization reached SR23 billion, or 1.20 percent of the Saudi stock market. Their Read more [...]