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FINANCIAL NEWS
Saudi Jadwa registers USD95.41m revenue in 2014
19 Mar 2015
(MENAFN) Jadwa Investment, the leading specialist asset management and private equity firm in Saudi Arabia, posted total revenue of USD95.41 million in 2014, marking its fifth consecutive year of record revenues, Saudi Gazette reported.
The total revenue of 2014 also marked an 11 percent increase over 2013 revenue of USD85.55 million and the strongest result in Jadwa Investment’s history. Net income before impairments reached USD58.63 million, a 22 percent increase over 2013
“2014 was a landmark year for Jadwa Investment. We further strengthened our foundations for continued growth, validated our strategic direction, and achieved a number of important milestones for the firm,” Managing Director and CEO of Jadwa Investment said in a statement.
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