Anaam moves forward developing its capabilities and achieving objectives

Preliminary results of the fourth quarter 2010 for Anaam International Holding Group shows total profit of SR 22 million compared to SR 12 million for the previous year, an increase of 79%. Net profit for the same period was SR 11.3 million compared to a loss of SR 7.9 million for the previous year, with operating profit at SR 3.9 million compared to a loss of SR 1.4 million for the 2009.

Sales grew to 140 million in 2010 compared to SR 63 million the year before. Fourth quarter sales increased to SR 54 million compared to SR 12 million of the same quarter the year before. The increase in sales improved company's profit which reflected positively on the share price with a profit of SR 1.04 per share compared to SR 0.73 loss per share the year before.

The company expects to continue positive growth for 2011 by opening new markets, increase customer base, adding new products and improve services to gain customer confidence and become one of the leading players in Saudi Arabia.


بتاريخ 2011-11-5
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