Money and business

1.29 billion riyals, net profits of “SABIC Agricultural Nutrients” in the third quarter


Company net profits increased "SABIC Agricultural Nutrients" for the third quarter of the current year by 56% to 1.29 billion riyals, compared to 827 million riyals in the same quarter of the previous year.

The company said in a statement on "Saudi Arabia trading"Today, Sunday, the reason for the increase in net profit for this quarter compared to the same quarter of the previous year is due to an increase in sales by 24%.

And profits increased "SABIC Agricultural Nutrients" During the current period (9 months) by 40.5% to 3.33 billion riyals, compared to 2.29 billion riyals during the same period of the previous year, and this is due to an increase in the company’s sales by 23%.

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