Saudi Arabian Amiantit Co. narrowed losses by 56% in 2021 

Follow-ups -eshrag News:

Thu, 2022-03-31 17:23

RIYADH: Water equipment and engineering services firm Saudi Arabian Amiantit Co. narrowed its losses by 56 percent to SR171 million ($25.6 million) in 2021.

A decrease in zakat provision, and the sale of stakes in subsidiaries in Morocco and Egypt contributed to the results, according to a bourse filing.

As of the closing bell on Thurs. March 31, Amiantit shares edged 0.87 percent lower at SR45.45.

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Business & Economy
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