SAFCO 4Q2015 first glance: Earnings plunge on lower prices; significantly disappoint EFGe likely on higher-than-anticipated costs
Net income – SAR379 million, -51.3% Y-o-Y, -33% Q-o-Q, -25% versus EFGe Gross profit – SAR360 million, -52.2% Y-o-Y, -36.6% Q-o-Q, -25% versus EFGe Operating income – SAR342 million, -53.0% Y-o-Y, -37.9% Q-o-Q, -26% versus EFGe
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