Money and business

Al-Fakhariya Company reduces its losses by 70% to 32.49 million riyals in 2025


The losses of the Saudi Company for the Production of Clay Pipes in 2025 decreased by 70% to 32.49 million riyals, compared to losses of 108.45 million riyals in 2024.

According to the company’s statement on the website "Saudi Arabia trading"The reason for the decrease in net losses for this year compared to the previous year is due to the increase in other income and the decrease in the provision for impairment of assets and goodwill to 5.3 million riyals.

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