Money and business

The increase in the profits of “Al -Naqul” 73% to the two million riyals in the first half


The net profits of the sons of Mohamed Hassan Al -Naqeh (Al -Naqul) increased by 73% during the first half of this year to two million riyals, compared to profits amounting to 1.2 million riyals for the opposite half of the previous year. "Saudi Arabia trading"Today, Tuesday, the rise in net profit during the current period compared to the similar period in the previous year is due to the increase in the volume of revenues as a result of capital expansion. " The efficiency of operational operations has improved thanks to the enhancement of integration between the Sadan Company and the Naqul Company, as Sodan covered the company’s logistical needs, which reflected positively on profit margins and reduce direct costs."

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