Arab News: Saudi Industrial Investment Group's profits for the first half of 2022 declined 36 percent to SR519 million ($138 million).
The profit was down from SR811 million in the same period a year ago, a bourse filing shows.
SIIG attributed the lower profit to increased feedstock costs in jointly managed projects, as well as increased Zakat expenses and general and administrative expenses.
https://www.arabnews.com/node/2135381/business-economy
