Al-Jouf Company’s profits increased by 6.9% to 19.9 million riyals in the third quarter
The profits of Al-Jouf Agricultural Development Company increased in the third quarter of 2025 by 6.9% to 19.9 million riyals, compared to 18.6 million riyals in the same quarter of last year.
According to the company’s statement on the website "Saudi Arabia trading"The reason for the increase in net profit for the current quarter of 2025 compared to the same quarter of 2024 is due to an increase in sales by 31 million riyals, and a decrease in administrative and general expenses.
This came despite the increase in selling and distribution expenses and an increase in financing costs.
The reason for the increase in net profit for the current quarter of 2025 compared to the previous quarter of 2025 is due to an increase in sales by 24 million riyals and an increase in revenues. Others.
This came despite the increase in selling and distribution expenses.
The reason for the increase in net profit for the current period 2025 (9 months), compared to the similar period in 2024, is due to an increase in sales by 82 million riyals, and a decrease in zakat expense.
This came despite an increase in selling and distribution expenses, administrative and general expenses, an increase in financing costs, a decrease in other revenues, and recording unrealized losses from evaluating investments. At fair value through profit and loss.
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