Saudi Ceramics Achieves 6% Higher Net Profits in Q1-24

Saudi Ceramic Company (Saudi Ceramics) recorded a 5.82% annual growth in net profit to SAR 15.56 million (US $4.15 million) during the first quarter (Q1) of 2024 from SAR 14.70 million (US$ 3.91 million).

The revenues, meanwhile, declined by 6.26% 2024 compared to the previous year, according to the financial results. The revenues, meanwhile, declined by 6.26% during January-March 2024.

Source: Saudi Ceramics