Riyadh – Mubasher: The Saudi Electricity Company’s (SEC) board of directors on Tuesday, 23 January, has approved the appointment of Khaled Al Sultan as a chairman for a three-year tenure, according to a statement to the Saudi Stock Exchange (Tadawul).
SEC stated that its net profits rose 6.78% in the third quarter of 2017 to SAR 5.26 billion, from SAR 4.9 billion in the same period a year earlier.
By 10:21 am KSA time, the stock shed 0.34% to SAR 20.62.
