“Umm al -qura for development and reconstruction” erases its accumulated losses after a jump in Profits during the first quarter, 33 times compared to the same period last year reading minutes – 1 Published: May 11, 2025 05:46 Last update: May 11, 2025 05:47 “Umm al -qura for development and reconstruction” eradicates its accumulated losses after a leap in the profits, a project of the “path of the path” It is developed by the reconstruction of Umm Al -qura Development Company “in Makkah Al -Mukarramah -Bron: Bloomberg, a model of the” Massar “-Chura Al -Acura Development and Reconstruction Interesting in Makkah -Bron: Bloomberg, the profit of” Umm al -qura for development and reopening, developed for the “PATH” project in Makkah Al -Mukmuk, Heaped for the “Path” project in Makkah al -Mukam. With more than 33 times during the first quarter of this year, which contributed to fully extinguishing the accumulated losses, and the registration of profits is estimated at 51 million rows, according to the financial statements the company issued today, Sunday. The company attributed the growth of profits, which amount to 159.7 million rows, attributed to a significant increase in turnover as it jumped by 172% to reach 502 million Riyale, with the support of land sales growth within the scope of the project on King Abdulaziz Road, which includes the redevelopment of 6 pans. It is noteworthy that the company “Masar” was recently included in the Saudi financial market on March 24, 2025. Stories can be interesting in this most read article
“Umm al -qura for development and reconstruction” erases its accumulated losses to a jump in the profits
