Riyadh – Mubasher: The board of Al Samaani Factory for Metal Industries Company approved the transfer of the company’s shares from the parallel market to the main market.

The move is subject to the market’s approval and completion of all necessary requirements, according to a statement to the Saudi Stock Exchange (Tadawul) on Sunday.

During the first half (H1) of 2020, Al Samaani swung to net profits of SAR 1.22 million, against net losses of SAR 622,000 in the same period a year earlier.