The profits of “Kumal” increased 24.8% to 21.9 million riyals last year

The profits of Kumel last year increased by 24.8% to 21.956 million riyals, compared to 17.593 million riyals in 2023.
According to the company’s statement on Saudi Arabia’s circulation, the reason for the rise in the net profit, which amounted to 21,956,392 million riyals, is 24.79% (or 4.36 million riyals) from 2023 mainly to increase profit from operational operations as a result of the following:-
• Increased quantities of varieties with a high profit margin.
• Record sales of new preparations with good profit margins.
• The company’s total profit margin improves despite the increase in operational expenditures due to the ongoing expansion operations.