Jadwa posts 2009 profit

07 February 2010

Saudi investment firm, Jadwa Investment has posted SR35.6m in net profits for 2009, Arab News has reported. The company stakeholders' entitlements rose 56% to SR1.158bn, compared to SR742m in 2008, with the price of each share reaching SR20.4. The board of directors recommended a distribution of 5% of profits.

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