Savola reports 11 percent income increase

Published January 22nd, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The Saudi Savola Group announced that its net income increased by 11.3 percent, reaching SR 151 ($40.8 million) in 2001 compared with SR 137.6 million in 2000, reported Al-Hayat . The Chairman of the Board of Savola, Adel Faqih, said that the group’s total sales expanded from SR 2.8 billion to SR 3.3 billion during the same period. — (menareport.com) 

 

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