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Revenues went up 0.7% to SAR 591.44 million in Q3-21 from SAR 587.23 million in Q3-20, according to the financial results on Thursday.
On a quarterly basis, the net profits in Q3-21 were against losses worth SAR 17.35 million in Q2-21, while the revenues soared by 10% from SAR 537.23 million.
During the first nine months of 2021, Nadec suffered losses worth SAR 7.77 million, compared to net profits of SAR 104.92 million in the January-September 2020 period.
The loss per share stood at SAR 0.08, against earnings per share of SAR 1.03 at the end of September last year.
Revenues decreased by 5% to SAR 1.66 billion in the nine-month 2021 period from SAR 1.75 billion in the corresponding period a year earlier.
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