Al Hokair Q2 17A results

​Comprehensive P&L miss as domestic sales underperform, revenues and EPS tumble y/y.Revenues: SAR 1.67bn (-20.8% y/y, -24% q/q and -20% vs. AC and - 24% vs. Cons. est.)Gross Profit: SAR 317m (-48.7% y/y, -44.2% q/q and -43.4% vs. AC)EBIT: SAR 102m (-72.8% y/y, -67% q/q and -59% vs. AC and -58% vs. Cons. est.)Net Income: SAR 59m (-81.1% y/y, -72.2% q/q, and -71% vs. AC and - 75% vs. Cons. est.)