The net income generated during the first quarter amounted to SR292.6 million, compared to SR273.1 million for the same period last year, an increase of 7.1 percent and SR289.6 million for the fourth quarter of 2011, an increase of 1 percent, according to a statement available on Tadawul website.

The gross profit generated during the first quarter amounted to SR367.5 million, compared to SR366.6 million for the same period last year, an increase of 0.2 percent.

Operational profit generated during the first quarter amounted to SR330.6 million, compared to SR339.6 million for the same period last year, a decrease of 2.7 percent, the statement said.