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Saudi operations lift Vallianz Q2 bottom line

Group upbeat on Mid-east and other emerging markets

VALLIANZ Holdings posted a surge in its second-quarter net profit yesterday to US$5.3 million, from US$1.9 million a year ago, boosted by its Saudi Arabian operations.

The strong bottomline performance was fuelled mainly by significantly higher revenue of US$38.6 million in the three...

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