Al Othaim Markets 4Q2015: Solid results set, with earnings +20% Y-o-Y on strong revenue and gross margin gains; beats estimate
Net income – SAR89.2 million, +20% Y-o-Y, +141% Q-o-Q, +19% versus EFGe Revenue – SAR1,553 million, +19% Y-o-Y, +15% Q-o-Q, +5% versus EFGe Operating profit – SAR85.3 million, +16% Y-o-Y, +164% Q-o-Q, +10% versus EFGe Al Othai
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