Riyadh – Mubasher: Baazeem Trading Company disclosed its interim financial statements for the second quarter of 2019.

Net profits after zakat and tax inched up by 0.35% to SAR 5.35 million in Q2-19, compared to SAR 5.34 million in Q2-18, according to a filing to the Saudi Stock Exchange (Tadawul) on Sunday.

Meanwhile, revenues of the Saudi-based firm retreated by 5.8% to SAR 76.56 million during the three-month period between April and June, from SAR 81.35 million in the corresponding period last year.

For the first half of 2019, net profits of Baazeem grew by 4.8% to SAR 12.3 million, versus SAR 11.8 million in H1-19.

Total revenues increased by 1.17% year-on-year to SAR 154.5 million during the first six months of 2019.

Profit per share recorded SAR 1.22 by the end of June, versus SAR 1.17 in the same period a year ago.