‎Obeikan Glass sees stable results, working on 2 new investments

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James Clarke, CFO of Obeikan GlassCo. said that the company’s investment in SAC will likely begin to generate revenues as early as next year.

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The company is currently working on two new investments, one is for a production line for solar energy glass, and the other for expanding production lines and boosting output capacity by 80%, he stated, in an interview with Argaam.

The Saudi market represents a huge investment opportunity, especially in the field of manufacturing engineering parts from alumium.

He also said that the Saudi market represents 70% of the company’s revenues, while exports represent the remaining 30%.

 

James Clarke, CFO of Obeikan GlassCo. said that the company’s investment in SAC will likely begin to generate revenues as early as next year.

The company is currently working on two new investments, one is for a production line for solar energy glass, and the other for expanding production lines and boosting output capacity by 80%, he stated, in an interview with Argaam.

The Saudi market represents a huge investment opportunity, especially in the field of manufacturing engineering parts from alumium.

He also said that the Saudi market represents 70% of the company’s revenues, while exports represent the remaining 30%.

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