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Saudi Public Transport net profit, share price rise
- Saudi Arabia: Monday, February 25 - 2013 at 19:24
The Tadawul All-Share Index finished Monday trading 0.03% lower at 7,042.42 points. Sabic closed likewise even at SR92.75. Saudi Public Transport Co. gained 0.30% to reach SR16.65. The firm said the net income for 2012 was SR73.8m, representing an increase of 13.1% year-on-year. "The reason for the increase in net income for the year 2012 is due to the improvement of the operational performance during the seasonal period of Ramadan and Hajj season 1433H," said the firm.
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Gérard Al-Fil, Financial JournalistMonday, February 25 - 2013 at 19:24 UAE local time (GMT+4)
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