FINANCIAL NEWS

SIIL posts USD29.4 m net profit

24 Oct 2013

(MENAFN) Salam International Investment Limited (SIIL) posted a net profit increase in the year’s first nine months, The Peninsula Qatar reported.

The company’s net profit increased from USD17 million in the same period last year to USD29.4 million, registering an increase of 72.46 percent.

The board of directors approved calling the General Assembly to an extraordinary meeting to approve the resolution the amendment of the capital increase mechanism for the years 2002 and 2005.

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