Al-Tayyar Travel Holding Group announces a rise in profits to S.R. 214.9 million, an increase of 6.7% compared with S.R 201.3 million of the last year’s similar quarter, and a 28.8 % decrease compared with S.R. 301 million of the last quarter. On the other hand, profits of the first nine months rose to S.R. 735 million which is 22.9% increase compared with S.R.598 million for the same period last year.
The company attributed the rise in this current quarter as compared to the last year’s similar quarter, to the growth of sales at 11% rate and the increase of 43% in other operational revenues resulting from Airlines incentives and reservation systems.