Riyadh – Mubasher: The financial statements of Development Works Food (DWF) Company showed a 6.67% increase in profits during the third quarter (Q3) of the year to SAR 2.46 million, compared with SAR 2.3 million in Q3-18.
The company attributed the increase in profits to a 29.2% growth in sales, according to the company’s statement to the Saudi Stock Exchange (Tadawul).
In the first nine months of 2019, profits retreated by 2.73% to SAR 6.16 million, down from SAR 6.3 million for the same period last year.
It is worth noting that the company’s stock has been listed on the Nomu Parallel Market since its inception on 26 February 2017.
Source: Mubasher
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