Saudi retailer BinDawood's shares decline after profits fall 74% to $16m
RIYADH: BinDawood Holding Co.'s net profits declined 74 percent to SR60 million ($16 million) during the first nine months of 2022 from SR227 million in the same period last year. The company attributed the weak figures to lower gross profit and higher operating expenses combined. In response to the retailer’s poor performance, its shares declined 7.10 percent to SR57.6 at