FINANCIAL NEWS

Saudi Al-Tayyar’s net profit jumped 6.8 percent in Q3

25 Oct 2013

(MENAFN) Net profit of Saudi-based Al-Tayyar Travel Group saw an increase of 6.8 percent in the last three months to September, according to Arab News.

The company’s net profit reached USD57 million during the same quarter compared to USD53Ù«66 million in 2012.

Sales of the firm saw an 11 percent increase, and 43 percent rise in income from its airline incentives and reservation systems business.

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