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Saudi Arabian Amiantit jumps on Qtrly profit



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Corrects previous loss figure to 10.1 mln riyals, not 46 mln, in third bullet

July 21 (Reuters) -** Saudi Arabian Amiantit 2160.SE rises as much as 7.9% to 28.8 riyals, set to gain most since Mar 24 if trend holds

** Stock second-top gainer on the benchmark index .TASI, which was down 0.2% on Sunday

** Pipe manufacturer reports quarterly profit of 5.1 mln riyals ($1.36 million) vs a loss of 10.1 mln riyals a year earlier, revenue up 17.4% Y/Y

** Attributes gains mainly to lower costs and higher volume of new orders

** Today's gains added 53.4 mln riyals to co's market cap

** Session's rise has inflated YTD gains to 46.1%



($1 = 3.7508 riyals)



Reporting by Amna Mariyam in Bengaluru

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