“Food Development” turns into profitability by 1.34 million riyals in 2024

The food development company for profitability in 2024 turned 1.346 million riyals, compared to losses of 5.046 million riyals in 2023.
According to the company’s statement on Saudi Arabia’s circulation, the reason for the rise in the net profit during this year compared to the previous year is due to the rise in sales and the reduction of some direct costs loaded on the cost of sales.
The reasons for the transformation of profitability included reducing public and administrative expenses.