The Saudi Airlines for Catering for SR 334.7 million in financial year 2020, for profits amounted to 463.9 million riyals in 2019,
> The temporary suspension caused the direct impact on the company's operations with low revenue, and the Kovid 19 has indirectly affected investment in property rights in Saudi Arabia He led to a loss of SR 11.6 million this year.
As part of the company's assessment of non-financial assets, including the right to use assets at the end of the year, the company recorded the dedicated decline in value of 22.9 million riyals, according to The Company.
Despite the challenges faced by the company because of Kovid 19, the company carried out many initiatives aimed at increasing operating efficiency and thus reducing the impact of the pandemic on the company's profitability During ensuring its continuity and competitive capacity, resulting in reducing the cost of employees of SR 92.6 million and reduced the cost of rent and maintenance of 38.3 million riyals this year. These initiatives contributed to reducing losses to SR 332.6 million.
