The financial statements of Al Kathiri Holding Company showed that the company’s profits increased by 72.1% last year on an annual basis.

According to the results of the company for the Saudi market (Tadawul) today, Sunday, last year’s profits reached 16.02 million riyals, compared to profits of 9.3 million riyals in 2018.

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The company said that the increase in profits is due to the increase in the annual sales value, and the profit resulting from the company’s contract with the Air Force.

The company's total sales in the past year were 89.47 million riyals, compared to 50.49 million riyals in 2018, an increase of 77.2%.