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Aseer Trading, Tourism and Industry reduced its annual losses by 71.2% to reach 30 million riyals.
According to ArabiaNet, the company said in a statement that the reason for the decrease in net loss is due to the increase in total profits and operating profits during 2019 compared to 2018.
She added that this improvement is mainly due to the increase in gross profit from sales and a decrease in the total loss in income from investments, in addition to the increase in other income.
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