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Amwaj International Co. News

Ahmed Saleh

The decrease in total revenues by 6.8% as a result of the decrease in sales of the heating, ventilation, air conditioning, and home appliances solutions sector, which includes corporate projects and the sector, caused the net profit of Amwaj International Company to drop by 32.4% during the current period compared to the same period of the previous year, to reach 10.15 million Saudi riyals. Customers: the primary causes of the decline in net profit are:

1.The seasonal factor 2. The expensive financing costs

3. Expensive marketing




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