According to the company’s results for the Saudi market (Tadawul) today, last year’s profits reached 344.67 million riyals, compared to 302.6 million riyals in 2018. >
The company said that the increase in annual profits is due to sales growth during the period by 8.81%, an improvement in profit margin, in addition to recording a decrease in the fair value of some assets and properties by 38.71 Million riyals in the corresponding period.
At the level of the last quarter of 2019, the company achieved profits of 142.23 million riyals, compared to a profit of 106.92 million riyals for the same period in 2018, an increase of 33%. < / p>
