The profits of “Our Water” jump 209% to 61.8 million riyals in the first quarter

The profits of Al -Maana Company in the first quarter of 2025 jumped by 209% to 61.8 million riyals, compared to 20 million riyals in the same quarter of last year.
According to the company’s statement on Saudi Arabia’s circulation, the net profit is high during the current quarter compared to the same quarter of last year mainly to:
• (1) High revenue.
• (2) Other high revenues and financing revenues.
This is partially corresponding to:
• (1) The high cost of revenue.
• (2) High public and administrative expenses.
The height of the net profit during the current quarter compared to the previous quarter is mainly due to:
• (1) High revenue.
• (2) The height of other revenues and financing revenues.
• (3) Low public and administrative expenses.
This is partially corresponding to
• (1) The high cost of revenue.