Saudi Transport & Investment Co. (Mubarrad) has made a capital gain of SAR 17.7 million from selling a 51,400-square-meter plot of land located in Dammam for SAR 28.3 million, the company said in a statement.
The book value of the land was SAR 10.5 million, and the profit is included in second quarter statements.
The deal, which was closed on July 9, is part of the company’s drive to boost its investments and drive expansion plans, it said.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}