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-   -   Saudi's Tasnee Q3 profit rises 7.6 pct (https://hameed.nwar.uk/vb/showthread.php?t=888975)

rss 10-28-2014 09:24 AM

Saudi's Tasnee Q3 profit rises 7.6 pct
 
DUBAI, Oct 27 (Reuters) - Saudi Arabia's National Industrialization Co (Tasnee) reported a 7.6 percent rise in third-quarter net profit on Monday. Tasnee made a net profit of 243.7 million riyals ($65 million) in the three months ending Sept. 30, up from 226.4 million riyals a year ago. The company said its quarterly profit rose despite taking a provision for a legal case relating to one of its units and increased expenses and finance charges. It did **t provide further details. Last month, Tasnee said it planned to pay 1. ...

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