23rd Jan 2019 08:22
With reference to the summary of the business results for the period ended
31/12 / 2018 please note the following:
Reduction in the net profit of the company during the period July / December 2018 than for the period July / December 2017could be justified by the increased happen to the cost of raw materials by about 30% while the value of sales of the company's product line increased by about 20% compared to the corresponding period as the global prices for the raw materials had increased by various percentages than the company's products prices.
The company has taken many procedures that will have a positive effect on the results of the company's activities during the coming period, the most important of which are the new contracts for selling the company's products and creating new marketing opportunities locally and internationally, in addition to starting negotiations with the relevant parties to improve the conditions of buying and selling products .
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