According to the results of the company for the Saudi market (Tadawul) today, Sunday, the profits for the period amounted to 200 thousand riyals, compared to the losses for the first quarter of last year amounting to 8.5 million riyals. p>
The company said that the positive shift in the results during the comparison periods is due to the prosperity of the export operations of food products and plastic materials.
Likewise, other revenues increased compared to the same quarter of the previous year, in addition to the decrease in general and administrative expenses.
The company achieved revenues in the first quarter of this year of 11.3 million riyals, compared to 18.22 million riyals for the same period in 2019, a decrease of 38%.
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