Al-Yamamah Cement Company's financial statements showed that the company's profits in the second quarter of this year fell 10% year on year.
According to the results of the company for the Saudi market (Tadawul) today, Sunday, the profits for the period reached 47.85 million riyals, compared to profits of 53.17 million riyals for the same period last year. p>
The company said that the decrease in profits during the comparison periods is due to the increase in general and administrative expenses, and the decrease in other income.
The company achieved profits of 171.82 million riyals for the first half of this year, compared to profits of 123.8 million riyals for the same period in 2019, an increase of 38.8%. p>
(Fun Knowledge of Knowledge)
