Money and business

The net profit of “Asaq” fell 11% to 15.6 million riyals in the first half


Net company’s net profits declined "Aseg Plastic Factory" For the first half of this year, by 11% to 16.5 million riyals, compared to 18.6 million riyals, with the same half of the previous year. "Saudi Arabia trading"Today, Sunday, the reason for the decrease in the net profit during the current period is due to the decline in the performance of the subsidiary (pipeline and connections), and the increase in operational expenses, and the sales and marketing expenses. And additional marketing campaigns reflected on the total sales and marketing expenses. "Bench" Distribution of cash dividends to shareholders for the first half of the fiscal year 2025, with a majesty of 3.87 million riyals. The current, while the distribution begins on the 26th of the same month.

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