A tough year despite the improvement in Q4 figures
Al Khodari posted a 14.5% improvement in Q4 2015 revenues, amounting to SAR385.41M (up from SAR336.57M during Q3 2015). The net income also witnessed a significant increase of almost 93% to SAR-1.04M. However, FY 2015 figures are still disappointing. In fact, FY consolidated sales declined by 9.6% to SAR1569.95M, the EBIT is almost cut by half to SAR34.71M and the net income has sharply fallen by almost 70% to SAR33.51M.
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