Halwani Bros achieved SR 25.4M net income in quarter four 2012 compared to SR 15.9M
in the same quarter previous year with a growth of 59.7% and compared to SR 20.7M
in quarter three 2012 with a growth of 22.7%.
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Further to the companys announcement on August 16th 2011 that mentioned of the civil
and steel structure work of the second phase of the new industrial complex with
a total contract value of SR 110 m.
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Halwani board of directors recommends dividends distribution of SR 2 per share with
a total value of SR 57,142,860 for the year 2012 20% of the company capital.
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