date:Oct 25, 2013
ctor, as well as the receipt of dividends worth 67.9 million riyals from private equity fund Joussour Holding Co.
Savola was confident of meeting its full-year net profit forecast for 2013 of 1.5 billion riyals, Abdulraouf M. Mannaa, chief executive of Savola, said in the earnings statement.
Its nine-month net profit rose 15.3 percent to 1.14 billion riyals, the statement said.
Savola also proposed a third-quarter dividend of 0.5 riyals per share in a separate statement to the bourse.
The co