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Arab Gulf Investment posts $1.2 mln consolidated profit for FY11

Arab Gulf Investment posts $1.2 mln consolidated profit for FY11
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Arab Gulf Investment (Under Liquidation) posted consolidated financial statements for FY11, which showed $1.182 million net profit, versus $53.289 thousand net loss a year earlier.

Meanwhile, standalone financial results for the same FY mirrored $1.488 million net earnings, compared with $118.898 thousand in FY10.