Al Abdullatif Industrial Investment Company's [2340.SE] 3Q16 earnings dropped 95% Y-o-Y to SAR1.5mn,which the company attributed to a decline in sales and an increase in CoGS and G&A expenses, as well as losses from associates. Meanwhile gross profit for the quarter fell 57% to SAR17.2mn, while operating profit declined 75% to SAR7.4mn. (Tadawul)
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