Asir Company PostsSR130 Million Profit

JEDDAH, 5 July 2005 — Abdullah Saleh Kamel, chairman of the board of Asir Company for commerce, industry, tourism, real estate and construction works, announced that the company achieved profits that exceeded SR65 million in the second quarter of financial year 2005. Therefore, the company’s net profits exceeded SR130 million for the first half of financial year 2005. Abdullah Kamel pointed out that high performance of the company is the result of its investment policies. He previously announced that the company purchased founding stocks in Al-Tayyar travel group.