Riyadh – Mubasher: Saudi Paper Manufacturing Company trimmed its accumulated losses by 7.84% to SAR 7.2 million of its capital, according to a bourse statement on Tuesday.
The Saudi-based firm suffered SAR 24.22 million losses during the third quarter of 2019, 35% down from SAR 37.27 million in Q3-18.
Meanwhile, revenues increased by 6.5% to SAR 121.76 million during the three-month period ended in September, from SAR 114.26 million in the same period of the prior year.
