Money and business

Aamar’s net profits decreased by 19.5% to 15.4 million riyals in the third quarter


A company’s net profits decreased "Al Amar Food” for the third quarter of the current year by 19.5% to 15.4 million riyals, compared to 19.1 million riyals in the same quarter of the previous year.

According to a company statement on "Saudi Arabia trading"Today, Tuesday, the decline in net profit is due to achieving non-recurring income in the third quarter of 2024 in the amount of 7 million riyals.

And in the first three quarters of 2025 (9 months), net profit increased by 98.8% to 28.5 million riyals, compared to 14.3 million riyals in the same period of the previous year, as a result of increased sales, in addition to the positive impact of management procedures aimed at enhancing the flexibility of the cost structure, and achieving a better balance between variable costs and Steady, while continuing to focus on operational excellence and developing the level of service.

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