Saudi SISCO net profit down over 47% on divestments from RSGT

RIYADH: The Saudi Industrial Services Co. (SISCO), the Kingdom's leading investor in ports and terminals reported a decrease in net profit by 47.3 percent to the first nine months as the company divested in a major terminal in Jeddah. The company said in a filing today that its 9-month profit fell from SR111.3 million ($29.7 million) a year ago to SR58.7 million ($15.7

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