The Jarir Marketing Company, a closed end joint stock company, posted a net operating income of 90.3 million Saudi Riyals ($24.1 million) in 2001 compared with SR 63.5 million ($16.9 million) in 2000, reported Al-Hayat . These figures translate into a 42 percent growth rate. The Board of Directors recommended distributing SR 14 per stock dividends to stockholders. Excluding a number of Saudi banks and cement companies, this is one of the highest earnings per stock granted by the Saudi joint stock companies in 2001. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
