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Saudi IT firm Arab Sea swings into profit in 2021 as revenue more than doubles
Saudi IT firm Arab Sea Information System Co. swung into SR21.5 million ($5.7 million) profit in 2021 as revenue doubled. The Riyadh-based company erased losses of SR15.8 million from a year earlier, according to a bourse filing. This came as revenue more than doubled to SR57.5 million, compared to SR24…
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