The financial statements of the National Building and Marketing Company showed that the company's profits fell 10% last year, on an annual basis.
According to the results of the company for the Saudi market, today, Monday, last year’s profits reached 24.12 million riyals, compared to profits of 26.79 million riyals in 2017.
The company said that the decrease in profits during the comparison periods is due to the decrease in the percentage of sales in addition to the increase in financing expenses and losses resulting from the sale of investments in subsidiary companies.
were the earnings | National Building declined 1.1% in the first nine months of 2018, to 20.13 million riyals, compared to profits of 20.35 million riyals for the same period in 2017.
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