Tuesday, 16 July 2013

Saudi Electricity Q2 net profit up 25pc

Dubai, July 17 (Newswire): Saudi Electricity Co (SEC) reported a 25 percent rise in its second-quarter net profit, according to a statement.

SEC made a net profit of 1.335 billion riyals ($356 million) in the three months to end-June, compared to 1.068 billion riyals in the same period last year, said the statement posted on the bourse website.

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