Money and business

The increase in “Ataa Educational” profits to 82.8 million riyals in a year


Ataa Educational Company’s profits in the fiscal year ending on July 31, by 30.7% to 82.8 million riyals, increased compared to 63.3 million riyals in the previous fiscal year. "Saudi Arabia trading"The reason for the rise in the net profit is due to: the increase in the number of students enrolled in the company’s schools by 2% from 44.4 thousand to 45.2 thousand. The decrease in government grants and subsidies during the current year by 23%, compared to the previous year, due to the decrease in the wage support item provided by the Human Resources Development Fund.

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