Riyadh – Mubasher: The National Industrialization Company (Tasnee) has appointed Mubarak Abdullah Al Khafrah as the new Chairman of the board for the next three years.
The Saudi listed firm also appointed Talal Ibrahim Al Maiman as the Vice Chairman, according to a bourse filing on Tuesday.
Meanwhile, the two officials will assume their new roles from 6 July this year until 5 July 2025.
In the first quarter (Q1) of 2022, Tasnee logged net profits after Zakat and tax worth SAR 309 million, an annual plunge of 5.64% from SAR 327.50 million.
The company’s revenues amounted to SAR 979.20 million in Q1-22, a jump of 34.98% from SAR 725.40 million in the year-ago period.
