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FINANCIAL NEWS
Saudi’s Tech Consumer Goods registers drop of 10.5 percent
26 Mar 2016
(MENAFN) Saudi’s Technical Consumer Goods (TGG) market recorded a double-digit decline of 10.5 percent in Q4, with a turnover of USD 2.73bn.
Furthermore, the remainder of the sectors registered a decline; the photography (down by 50 percent) and Information tech by 24.7 percent.
In addition, the Small Domestic Appliances (SDA) sector logged income of USD 155.91mn with growth of 10.7 percent, compared to Q4 in 2014.
However, sales fell down again in the Consumer Elect Sector, reaching USD 0.30bn in Q4 of 2015, a 7.7 percent decrease compared to 2014.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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