November 8th, 2020 - 03:43 GMT
Shaker Group (“Al Hassan Ghazi Ibrahim Shaker Co.”, the “Company” or the “Group”), Saudi Arabia’s leading importer, manufacturer and distributor of Air Conditioners and Home Appliances, has announced its financial results for the period ended 30 September 2020. Third quarter revenue of SAR 247.5 million decreased by 0.15% from Q3 2019, and at SAR 736.2 million for the nine-month period improved by 5.4% from 2019. Gross profit of SAR 52.7 million in Q3 2020 improved by 7.4% over Q3 2019, and at SAR 154.1 million for the nine-month period improved ...