Saudi retailer Al-Othaim Markets 2021 profit falls 32%

0
223

RIYADH: Abdullah Al-Othaim Markets Co.’s net profit declined by 32 percent in 2021, according to a bourse filing.

Net profit decreased to SR305 million ($81 million) as compared to SR451 million last year.

Founded in 1980, Al-Othaim Markets Co. specializes in the distribution of groceries, as well as in mall operation.