20
Jan
11:20
Watani Iron Steel eyes capacity increase after listing
Watani Iron Steel Company increased sales by 1% on-year in the first half of 2020 to SAR 205.9 million ($54.9m), while net profit surged 135% to SAR 18.3m, the firm says in its initial public offering prospectus.
In full-year 2019 sales totalled SAR 481.1m.
In late December Saudi Arabia’s Capital Market Authority (CMA) approved Riyadh-based Watani Iron Steel Company’s application for the registration of its shares for direct listing in the “Nomu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous