VOL. XXXI

NO. 19

15-FEBRUARY-1988

BAHRAIN

Baloo Registers Net Profit of $60.3mn in 1987

The Bahrain Saudi Aluminum Marketing Company (Balco) - a joint venture owned74.33% by Bahrain and 25.67% by Saudi Arabia engaged in the marketing of thealuminum output of Aluminum Bahrain (Alba) - realized in 1987 a net profit of$60.3mn (compared to $27.6mn in 1986). According to a statement by the Bahrainiunder Secretary of the Ministry of Development and Industry and Chairman of theBoard of Balco, Shaikh 'Isa...