[ad_1]
Saudi Arabian Mining Company's profits increased 97.5% year-on-year to reach 519 million RS in the third quarter of 2018.
The company's profits for the first nine months of the same year increased 93 percent year-on-year to reach 1.9 billion riyals.
The company attributed the reasons for higher earnings in the third quarter to an increase in average prices for all products, except gold, to an increase in the proceeds from future deposits, an increase in the – the net profit of a joint venture and a decrease in the cost of sales.
[ad_2]
Source link
