Money and business

The increase in “Azim” profits to 8.6 million riyals in the first quarter of 2025

The profits of the Great Commercial Company in the first quarter of 2025 increased by 1.3% to 8.6 million riyals, compared to 8.5 million riyals in the same quarter of last year.
According to the company’s statement on the circulation of Saudi Arabia, the reason for the rise in the net profit is due to the company’s ability to improve the cost of sales.
The reason for the rise on a quarterly basis is due to: Calculate the City of the City of City ECL during the fourth quarter of 2024 AD, and the formation of a value -added difference for value -added tax dating back to the year 2020 AD during the fourth quarter of 2024 AD.

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