Asry operating income to hit $135m

Arab Shipbuilding and Repair Yard Company (Asry) announced yesterday that it expected net operating income to reach about $135 million by the end of this year, compared to $111 million last year.

This was discussed at meeting by Asry’s board, chaired by Eid Abdulla Yousif and attended by representatives of the shareholding countries, said a report in the Gulf Daily News, out sister newspaper.