> According to Arabia Net, the reason for achieving a net profit during the current quarter compared to a net loss during the same quarter of the previous year is due to the increase in sales volume and improved profit margins during the current quarter .

The losses of the Middle East Specialized Cables Company Misk in 2019, to 24.6 million riyals in 2019, compared to 80.1 million riyals in 2018, a decline of 69.3%. < / p>

Misk's losses in the fourth quarter were 7.8 million riyals.

Musk said that the decrease in losses is due to the improvement in profit margins during the current year, and the decrease in expenses.

The value of the company's operating losses in 2019 amounted to about 8.7 million riyals, compared to 63 million riyals in 2018, a decrease in losses of 86%.