According to the results of the company for the Saudi market (Tadawul) today, Thursday, the profits for the period amounted to 5.41 million riyals, compared to the profits for the first quarter of last year amounting to 1.6 million riyals. p>
The company said in a statement to the stock exchange that the increase in profits during the comparison periods is due to the increase in sales and the decrease in the cost of sales and operating expenses.
Al-Fakhariya achieved sales of 40.55 million riyals during the first quarter of this year, compared to 30.13 million riyals for the same period in 2019, an increase of 34.6%.
