Q4 is not enough
SCERCO's Q4 2015 revenues increased significantly by 10.15%, yoy, contributing to an annual growth of 2.26% at SAR1657.975M. However, although the finance costs declined by 6.45%, the net income has witnessed a deterioration of 8.50% at SAR283.844M. The gross margin kept a flat level at 35.10% (vs. 34.8% in 2014).
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