“Al-Babtain” expects net profit increase of 4 %, revenue by 15% in 2014

26/02/2014 Argaam

Babtain Power and Telecommunications Company expects its revenues and profits to grow by the end of 2014 as a result of the company’s efforts to expand in new markets, the annual report said.

The company is seeking 15% growth in revenues to reach SAR 1,597m, and 4% growth in profits to reach SAR 115m (SAR 2.7/share) by the end of this year.

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