Al Khaleej Training announces the Consolidated financial results

19/02/2013 09:05 AST

Alkhaleej Training and Education Company (Al Khaleej Training ) announces the Consolidated financial results for the Year ended in 31/12/2012 as follows:

1-Net profit for the year amounted to SAR 67,445,151 compared with SAR 52,657,107 last year, an increase of 28 %.

2-Earnings per share improved to SAR 2.7 from SAR 2.11 for the last year.( Earnings per share for the comparable period of 2011 has been adjusted retrospectively so as to show the impact of free shares which is approved in 10/4/2012.)

3-Gross profit for the year reached SAR 163,566,511 compared to the gross profit of SAR 152,732,768 for the previous year, an increase of 7 %.

4-Operating income for the year reached SAR 71,685,932 as compared to SAR 60,286,482 realized for the previous year, an increase of 18.9 %.

5- The increase in net profit during the year was a result of the improved sales in the government sector, increased profitability in subsidiary companies, and education projects


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