According to Arabia Net, the company indicated in a statement that the reason for the increase in net profit for the current year compared to last year is mainly due to the increase in the share of net profits from the associate The National Petrochemical Industries Company, NATPT, which came 87 million riyals higher than last year.
The company was late in announcing its financial results, due to a procedural order related to the audit process and not related to the company's operational operations, according to the company.