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P. 1
2009_EN_OFR

2009_EN_OFR

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Published by Ahmed Kamil

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Published by: Ahmed Kamil on Feb 06, 2012
Copyright:Attribution Non-commercial

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11/14/2013

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1
 
PerformanceHighlights
 
Net Proft
 rose 2.2 percent during 2009 to SAR230.2 million (USD61.4million) over the gure or 2008 o SAR225.1 million (USD60 million).
 
Earnings per Share 
increased to SAR5.11 (USD1.36) in 2009 romSAR5.00 (USD1.33) a year earlier.
 
Gross Proft
in 2009 totaled SAR924.9 million (USD246.6 million)as compared to SAR965.6 million (USD257.5 million) in 2008, adecrease o 4.2 percent.
•
Operating Profts
or the twelve months wereSAR330.3 million (USD88.1 million) compared withSAR343.2 million (USD91.5 million) over the same period in 2008,a decline o 3.8 percent.
 
The increase in the overall results is a direct result o the improvedperormance o the company’s international investments as well as anoticeable reduction in operating and administrative expenditure in thelight o the implementation o prudent spending policies in 2009. Onthe other hand, the decline in Gross and Operating Prots is due mainlyto a decrease in sales o 7.6%.
 
2
 
Boardof Directors
Front Row
(Left to right): Khalid A. Al Zamil|HE Dr. Soliman A. Al Solaim|Dr. Abdulrahman A. Al Zamil|Khaled S. Olayan|Ahmed A. Al Zamil
Back Row
(Left to right): Sultan K. Bin Mahfouz|Hisham A. Razzuqi|Adib A. Al Zamil|Abdulla M. Al Zamil|Sami K. Al Gosaibi

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