Zoujaj names chairman

The newly-elected management board of Saudi National Glass Industries Company (Zoujaj) has named Youssef bin Saleh Aba al-Khail as chairman of the board, it was reported on 11 April 2005.
Aba al-Khai…

The newly-elected management board of Saudi National Glass Industries Company (Zoujaj) has named Youssef bin Saleh Aba al-Khail as chairman of the board, it was reported on 11 April 2005. Aba al-Khail will serve a three-year term from 9 April 2005. Shareholders elected the board at a general meeting on the same day. Zoujaj, established as a joint-stock company in 1990, has a paid-up capital of SAR 200 million (USD 53.3 million/EUR 41.1 million). The company has two plants in Dammam, eastern Saudi Arabia, and in the capital Riyadh, and exports its products to Pakistan, Algeria, the Gulf countries, Malta, Malaysia, Sudan and Lebanon. Zoujaj posted a net profit of SAR 38.8 million (USD 10.3 million/EUR 7.9 million) for the first nine months of 2004, up from SAR 23.6 million (USD 6.3 million/EUR 4.8 million) in the same period of 2003, it was reported on 21 October 2004.