Ma'aden is
Ma'aden reported record financial results for the year 2021, with net profits increasing year on year from a loss of
The results showed that the earnings per share for Ma'aden for the fiscal year 2021 amounted to
Also, Ma'aden announced the Board of Directors' recommendation to increase its capital by 100% by granting bonus shares via capitalizing
Wilt added: 'Global demand for aluminum, copper and fertilizer continues to increase as industries evolve, creating new opportunities for Ma'aden'.
Ma'aden has a pivotal role to play in the global economy, supplying materials to industries ranging from consumer goods to automotive to agriculture. As we look to the future, our vision is to be a sustainable mining champion with a global presence, and we look forward to providing further updates on our progress in due course' he said.
Ends-About Ma'aden
Since its 2008 IPO, Ma'aden has become the leading company for the development of the Saudi mining industry. Ma'aden is a key driver of
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