Tuesday 05, March 2013 by Robin Amlôt
Alkhabeer Capital reports net profit for 2012 of SAR 31 million, up 62 per cent
Alkhabeer Capital said revenues for the year to end-December 2012 grew by 66 per cent to reach SAR 107.3 million (2011: SAR 64.6 million) reflecting ‘strong new business growth’ while net profits increased by 62 per cent to SAR 31 million (2011: SAR 19.1 million) mainly on the back of higher assets under management and return on investments.
