According to the results of the company for the Saudi market (Tadawul) today, Wednesday, the profits for the period amounted to 359.8 million riyals, compared to the profits of the second quarter of last year with a value of 380.44 million riyals. p>
The company said in a statement to the stock exchange that the decline in profits during the comparison periods is due to the decrease in the average selling prices of the company's products, and the company's share of the profits of Ibn Al-Bitar Company. >
The company explained that the effect of the decrease in profits was limited by the increase in the quantities sold for the company's products.
(SAFCO) has achieved profits of 663.3 million riyals in the first half of this year, compared to profits of 715.91 million riyals for the same period in 2019, a decrease of 7.4%.
(Fun Knowledge of Knowledge)
