- JEDDAH: Saudi Public Transport Co.
- (SAPTCO) has announced its net income of SR6.72 million in Q1, 2012, compared to the net losses of SR31.07 million for the same quarter last year, and compared to the net profit for the previous quarter of SR50.13 million representing a decrease of 86.6 percent, according to Tadawul website.
The gross profit for Q1 2012 amounted to SR10.16 million, compared to losses for the same quarter last year of SR18.30 million.
The losses from operations for Q1 2012 amounted to SR7.08 million, compared to SR35.73 million losses for the same quarter last year, representing a decrease of 80 percent.
The profit per share for Q1, 2012 amounted to SR0.05, compared to SR0.25 losses for the same period last year.
