Najran Cement Company achieved a growth of 235.4% in its third-quarter profit this year.
According to Arabiya Net, the company said in a statement that its net profits amounted to 47.41 million riyals, compared to 14.134 million riyals during the same period last year.
The reason for the increase in net profit is the increase in the amount of sales, the decrease in the cost of sales per ton, and the decrease in financing expenses, despite the increase in selling and marketing expenses resulting from the increase in export sales. < / p>
Sales increased by 63.479% to 158.954 million riyals, compared to 97.232 million riyals during the same period last year.
