Shaker 2Q16 recurring earnings fall 32% Y-o-Y on revenue drop and hike in SG&A expenses; in line
Net income – SAR48mn, -42% Y-o-Y, +74 Q-o-Q, +53% vs. EFGe Gross profit – SAR135mn, -16% Y-o-Y, +37% Q-o-Q, -6% vs. EFGe Net operating income – SAR38mn, -38% Y-o-Y, +74% Q-o-Q, +3% vs. EFGe Shaker 2Q16 reported earnings fell 5
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