Seera Group Holding — Earnings Release 2012

Feb 16, 2013

Al Tayyar Travel Group announces the financial results for the period ending on 31/12/2012

1810 · 16/02/2013 08:39:22 · Announcement #28903 · View on Saudi Exchange

Al Tayyar Travel Group announces the financial results for the period ending on 31/12/2012

Al Tayyar Travel Group announces the financial results for the year ending on 31/12/2012 as follows:-

1.The net profit during the 2012 amounted to SR 755.3 million compared to SR 612 million during the same period of the previous year with increase of 23%.

2. The basic earnings per share amounted to SR 9.44 compared to SR 7.65 in the same period in the previous year.

3. The gross profit amounted to SR (1148) million compared to SR (1029) million in the same period of the previous year with increase of 12%.

4. The operating profit amounted to SR 822 million compared to SR 661 million during the same period of the last year with increase of 24%.

5. The increase during 2012 compared to the previous fiscal year is attributed to growth of sales and increase in other operating income as well as decrees in sales and marketing expenses due to utilization of sales technologies.

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