Thoub Al-Aseel Company, listed on the Saudi stock market, achieved 8% growth in first-quarter earnings of this year to reach 17.51 ​​million riyals, compared to 16.2 million riyals during the same From last year.


According to ArabiaNet, the company's financial data showed revenue growth of 16% to 117.46 million riyals.


The reason for the increase in net income for the first quarter of 2020 compared to the same quarter of the previous year, mainly due to sales growth, due to the increase in demand for the company's products thanks to the company's efforts to stimulate sales by strengthening sales channels and diversifying and expanding the customer base with the development in sales Online store.