Money and business

The profits of “Al -Rasheed” jump 80.6% to 80.74 million riyals in 2024

The profits of Mohamed Hadi Al -Rasheed Company in 2024 jumped by 80.6% to 80.74 million riyals, compared to 44.71 million riyals in 2023.
According to the company’s statement on the circulation of Saudi Arabia, the reasons for the rise in net income are due to the rise in sales.
According to the company, the reasons for high net income included: the continuous improvement in raising operational efficiency.

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