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Saudi lifestyle retailer Alhokair records $820m revenue for H1

Saudi lifestyle retailer Fawaz Abdulaziz Alhokair has reported steady revenues of SR3.08 billion ($820 million) for the first half of the year ending September 30, 2022 (H1-FY23) mainly due to continued strong momentum by F&B and the global operations.

Saudi lifestyle retailer Alhokair records $820m revenue for H1

Saudi lifestyle retailer Fawaz Abdulaziz Alhokair has reported steady revenues of SR3.08 billion ($820 million) for the first half of the year ending September 30, 2022 (H1-FY23) mainly due to continued strong momentum by F&B and the global operations.

Saudi lifestyle retailer Alhokair records $820m revenue for H1

Saudi lifestyle retailer Fawaz Abdulaziz Alhokair has reported steady revenues of SR3.08 billion ($820 million) for the first half of the year ending September 30, 2022 (H1-FY23) mainly due to continued strong momentum by F&B and the global operations.

Saudi Alhokair sees light at end of pandemic tunnel as other retailers are recovering

After listed companies on the Saudi Stock Exchange, Tadawul, posted earnings, Arab News studied the income statements of three food retailers and one fashion chain. Only Alhokair, predominantly a clothing chain, boosted profits. Rising sales at Alhokair saw annual profits jump 75 percent to SR1,311 million. A fall in depreciation and amortization was also a factor due to store

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