ID :
99041
Sat, 01/09/2010 - 18:25
Auther :
Shortlink :
https://www.oananews.org//node/99041
The shortlink copeid
Al-Riyadh Reconstruction Company makes SR 24 Million in Net Profit
Riyadh, January 09, 2010, SPA -- Al-Riyadh Reconstruction Company, a stock
company with a licensed capital of SR One billion, said its estimated net
profit during the fourth quarter of 2009 amounted to SR 24 million as compared
to SR 18 million in the same quarter in the previous year.
The company also noted that its total profit in the fourth quarter of 2009
amounted to SR 25 million, while it amounted to SR 23 million in the same
period in the previous year.
The company attributed the increase in profits to hike in operation revenues
and activation of investments.
--SPA
company with a licensed capital of SR One billion, said its estimated net
profit during the fourth quarter of 2009 amounted to SR 24 million as compared
to SR 18 million in the same quarter in the previous year.
The company also noted that its total profit in the fourth quarter of 2009
amounted to SR 25 million, while it amounted to SR 23 million in the same
period in the previous year.
The company attributed the increase in profits to hike in operation revenues
and activation of investments.
--SPA
