According to the results of the company for the Saudi market (Tadawul) today, Sunday, the loss for the period amounted to 11.02 million riyals, compared to the losses of the first quarter of last year amounting to 9.25 million riyals. p>
The company said that the increase in losses during the comparison periods despite the increase in sales by 93% compared to the same period in 2019, is due to the increase in general and administrative expenses and the increase in financing costs and expenses The fishing fleet and farms as a result of the recent maintenance and recruitment of the company by the company in preparation for the start-up of the discontinued work units.
The company achieved sales of 10.24 million riyals in the first quarter of this year, compared to 5.31 million riyals in the same period last year, an increase of 93% .
