Economy

SISCO sticking to expansion plans despite huge profit drop: CEO

Follow-ups -eshrag News:

Fri, 2022-08-12 13:47

RIYADH: Saudi Industrial Services Co. is going to push ahead with its expansion plans despite seeing its profits plunge 93 percent in the first half of the year.

The firm’s CEO, Mohammed Al Mudarres, told Argaam that SISCO is continuing with its proposed strategy in acquisitions and expansion to achieve its strategic objectives for 2025 and 2026.

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