May 17th, 2023 - 07:00 GMT
Al Hassan Ghazi Ibrahim Shaker Co. (“Shaker”, the “Group” or the “Company”), Saudi Arabia’s leading importer, manufacturer, and distributor of Air Conditioners and Home Appliances, has announced its financial results for the first quarter ended 31 March 2023, highlighting a strong start to the year as the Company expands its footprint in the market. Q1-FY23 Highlights: Revenue of SAR 346.56 million, up 16.60% year-on-year (YoY), driven by growth in the HVAC solutions segment and integration of LG's full product range in the home appliance and electronics segment. Gross profit of ...