PARIS, France - Saudi Tadawal Group, the bourse's owner and operator, on Sunday reported an almost 24% decline in second -quarter profit as expenses, including salaries, rose.
Net profit in the quarter ended June fell to 135.7 million riyals ($36.68 million) from 181.1 million riyals in the year -earlier period.
The group said operating expenditures increased 16.6% year on year to 160.6 million riyals in the quarter mainly because of an increase in salaries and related benefits.
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