Middle-east Arab News Opinion | Asharq Al-awsat

Aseer Trading Expects SR230 Million Profit - ASHARQ AL-AWSAT English Archive
Select Page

Riyadh, Asharq Al-Awsat– Aseer Trading, Tourism and Manufacturing Co. expects its net profit to reach SR230 million ($61.3 million) in 2005, up 67 percent from the previous year, it said yesterday.

The company’s profit in 2004 was SR138 million, Aseer said in a statement posted on the bourse’s website.

It gave no further details. Its net profit in the nine months up to September this year doubled to SR198 million from SR98 million in the same year ago period.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

More Posts

Follow Me:
FacebookGoogle PlusYouTube