Money and business

“Metal” losses fell 54.2% to 5.4 million riyals in the second quarter


The losses of the National Company for Metal Classification and Sprinkle "Mineral" In the second quarter of 2025, with 54.2% to 5.4 million riyals, compared to losses of 11.8 million riyals in the same quarter of last year. "Saudi Arabia trading"The reasons for the decrease in losses during the current quarter compared to the similar quarter of the previous year are to improve sales and reflect the expected credit losses and a decrease in zakat and the registration of profits from unusual operations. Expected credit, decrease in other revenues, high financing expenses, low banking profits.

Related Articles

Back to top button