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الاقتصادية
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Source: الاقتصادية
2 Daysالاقتصادية
Source: الاقتصادية
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Saudi Automotive Services Company and Equipment (SASCO) swung to a net loss of SAR 21 million in the third quarter, compared with a profit of SAR 8.5 million in the same period last year, despite revenue growing 10.4% to SAR 3.38 billion. The company attributed the loss to the cost of sales rising faster than revenue, as well as lower dividend distributions and other gains, higher provisions and expenses, and zakat expense. The comparison with the previous quarter was also affected by a gain from revaluing its investment in xAI, which was included in that quarter’s results.
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