SAPTCO’s robust performance driven by restructuring, diversified activities

18/01/2015 Argaam

SAPTCO generated SAR 102 million in FY14, compared to SAR 30 million in FY08, which is attributed to the company’s restructuring process and new diversified business activities, CEO Khalid Alhogail was quoted as saying in CNBC Arabiya.

The Saudi-based transport company is targeting stronger figures in 2015 and 2016, he noted, adding that the coming period will witness stiff competition as the company will be engaged in many business offers.

SAPTCO reported SAR 77.6 million profit in FY13, according to data available on Argaam.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.