Money and business

A “abundance” incurred a net loss of 11 million riyals during the first half of 2025


A company recorded "An abundance of industry and development" Net losses of 15.5 million riyals during the second quarter of this year, compared to profits amounting to 6 million riyals in the same quarter of the previous year."Saudi Arabia trading" The reasons for achieving a net loss for the current period for the year 2025 compared to achieving a net profit in the similar period of 2024 to the company’s decrease in 19% compared to the same period with the company bearing the fixed costs of that period and the cost of storing raw materials in the vegetable factory. Meat, and promotional offering at relatively low prices for the products of the meat factory with the high quantities of sales during that period compared to the similar period, which led to a negative impact on the total profit of the company. Advertising and cash discounts. Expected by 77% and the decrease in Zakat expense by 55% compared to the previous period of 2024.

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