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eXtra net profit hits USD44.6m in 2013  Join our daily free Newsletter

MENAFN - 21/01/2014
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(MENAFN) Saudi Arabia's United Electronics Company (eXtra), a consumer electronics and home appliance retailer, said that it registered positive financial results in 2013, Saudi Gazette reported



The company's net profit in the year hit USD44.6 million, logging an increase of 5.49 percent versus the year before



In the fourth qurter alone, the electronics retailer's net profit came at USD15.7 million, edging up 1.38 percent from the same period in previous year




Chairman of eXtra said: "2013 marked the completion of eXtra's first decade of operations, and the milestone year will remembered as an excellent one for the company as we increased profits and sales.

 
 


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