Impact of increased energy and electricity costs estimated at SAR7 million to SAR9 million per year
Management of Abdulmohsen Alhokair Group for Tourism and Development estimates the impact of the increase in energy and electricity prices at SAR7 million to SAR10 million in incremental annual increases in operating costs for the company, starting 2016. The company’s net income figures were SAR197 million in 2014 and SAR158 million in 9M2015. (Tadawul)
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