According to the results of the company for the Saudi market (Tadawul) today, Monday, the losses for the period reached 1.104 million riyals, compared to losses of 1.271 million riyals for the first quarter of 2019. p>
The company said in a statement to the stock exchange that the decrease in losses during the comparison periods is due to the dividend payments due for the second half of 2019 from the Southern Region Cement Company (an invested company) The amount of 271.5 thousand riyals.
The company achieved revenues of approximately 175.97 thousand riyals in the first quarter of this year, compared to reverse revenue estimated at 603.17 thousand riyals in the same period last year.
>Refineries ’profits increased by 18% last year, to reach 17.17 million riyals, compared to profits of 14.56 million riyals in 2018.
