Riyadh-Mubasher: Electrical Industries Co. (EIC) said the board approved on Tuesday to appoint Yousef Al-Quraishi as chairman and Mahmoud Al-Toukhi as deputy chairman.
The company posted a 55% drop in net profit for the second quarter of 2015 to SAR 19.9 million, down from SAR 44.6 million reported in the same period a year earlier.