Riyadh – Mubasher: Wafrah for Industry and Development Company said it achieved a net profit after Zakat and tax worth SAR 269,990 during the first quarter (Q1) of 2021.
Profit per share stood at SAR 0.03 in Q1-21, according to a disclosure to Tadawul on Monday.
The company’s accumulated losses until 31 March 2021 have reached SAR 13.97 million, representing 18.11% of the capital.
Wafrah has disclosed a correction of its financial results during Q1, as a day earlier it said a net loss worth SAR 198,588 was incurred, the loss per share stood at SAR 0.26, and the accumulated losses were SAR 14.24 million.
