According to the company’s results for the Saudi market (Tadawul) today, last year’s losses amounted to 38.76 million riyals, compared to losses in 2018 of 54.37 million riyals.
The company said in a statement to the Stock Exchange that the main reason for the decrease in net loss during the comparison years is due to the decrease in sales costs, reducing sales and marketing expenses, general and administrative expenses, and increasing revenue The other.
The total shareholders ’equity (no minority rights) reached 723.9 million riyals in the last year, compared to 755.1 million riyals for the same period in 2018, a decrease of 4.13%. < / p>
The retained earnings amounted to 15.06 million riyals, and they represent 2.08% of the capital.
