Riyadh - Mubasher: Al Jouf Agricultural reported a growth in profits by 7.35% in 2016, as shown by the company’s financial results, according to a bourse filing.
The company said in a statement to the Saudi Stock Exchange (Tadawul) on Tuesday that profits totalled SAR 77.7 million last year, compared to SAR 72.4 million in 2015.
The increase in profits is attributed to higher sales, and lower costs due to the rise in production volumes of some crops, the statement indicated.
