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MAADANIYAH
2220
2220
Riyadh-Mubasher: National Metal Manufacturing and Casting Co. (Maadaniyah) posted net earnings of SAR 8.9 million for the third quarter of 2015, growing 4% compared with SAR 8.5 million a year earlier.
Nine-month net profits leapt 23 % year-on-year from SAR 25 million to SAR 31 million.
The company attributed the profit growth mainly to strong sales, low cost of raw materials and high other income.
Source:
Mubasher
