Saudi Industrial Investment Group down 36% in the second quarter of 2019 | Company News



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The Saudi Industrial Investment Group (SIGI) recorded a 36% drop in the second quarter of 2019 compared to the same period last year, reaching 205 million riyals.

Group profit in the first half also decreased by 26% to 383 million SAR.

The company attributed the reasons for the lower first-half profit to lower the group's share in the profits of jointly managed projects, as well as the decrease in the group's share of Petrochem's profits.

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