Agriculture Development Fund lowers H1-17 deficit to SAR 120m

Riyadh – Mubasher: The Saudi Agricultural Development Fund (ADF) announced decreasing the deficit of the first six months of 2017 by 38% or SAR 73 million.

The net deficit amounted to SAR 120 million in H1-17, compared to deficit of SAR 193 million in H1-16, according to the ADF’s statements.

ADF’s revenues grew to SAR 145 million in H1-17, from SAR 126 million in the same period in the year before, whereas expenses reached SAR 265 million in H1-17, from SAR 319 million in the corresponding period in the year earlier.

Mubasher Contribution Time: 26-Jul-2017 10:05 (GMT)
Mubasher Last Update Time: 26-Jul-2017 10:09 (GMT)