黑料社区

Saudi National Co. for Glass Industries sees 265% profit jump during H1听

Saudi National Co. for Glass Industries sees 265% profit jump during H1听
The glass manufacturer鈥檚 net profit has jumped from SR19.8 million in the first six months of 2021 (Shutterstock)
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Updated 27 July 2022

Saudi National Co. for Glass Industries sees 265% profit jump during H1听

Saudi National Co. for Glass Industries sees 265% profit jump during H1听

RIYADH: 黑料社区鈥檚 National Co. for Glass Industries, known as Zoujaj, saw its profit jump 265 percent to SR72.4 million ($19 million) during the first half of 2022.听

The glass manufacturer鈥檚 net profit in the first six months of this year has jumped from SR19.8 million听during the same period in 2021, according to a bourse filing.听

The current period鈥檚 rise is attributed to the increase in revenue and gross margin of the glass containers business activity, as well as the higher profit of associated companies operating in the float glass.听