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FINANCIAL NEWS
SEC net profit falls by 1 percent in Q3
28 Oct 2013
(MENAFN) Net profit of Saudi Electricity Company (SEC) dropped 1 percent in the three months to September, according to Arab News.
Net profit reached USD761 million during the third quarter compared to USD766 million in the same quarter in 2012.
The company’s power generation was the reason behind its net profit fall as it was increased.
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