Saudi Industrial Services Company

Saudi Industrial Services Company "SISCO" announces the annual consolidated financial results for the period ended 31/12/2011:

1.Net profit reached SR 11 million, compared to net profit of SR 2.1 million in the previous year with an increase of 424%.
2. Net profit per share 0.16 compared to net profit per share of SR 0.03 in the previous year.
3.Gross profit reached SR 163.3 million, compared to SR 108.4 million for the previous year, with an increase of 51%.
4.Operating profit reached SR 59.1 million, compared to SR 35.1 million for the previous year, with an increase of 68%.
5.Net results for 31 December 2011 are better due to improvement in operating results, which was mainly contributed by Red Sea Gateway Terminals improved operating activities.




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