Makkah Construction & Development Company Announces Earnings Results for the Third Quarter and Nine Months of 2020
November 02, 2020 at 06:56 am EST
Makkah Construction & Development Company announced earnings results for the third quarter and nine months of 2020. For the quarter, the company reported sales or revenue of SAR 5 million against SAR 129 million a year ago. Operational loss was SAR 29 million against profit of SAR 76 million a year ago. Net loss after zakat and tax was SAR 29 million against profit of SAR 74 million a year ago.
For the nine months, the company reported sales or revenue of SAR 105 million against SAR 375 million a year ago. Operational loss was SAR 14 million against profit of SAR 206 million a year ago. Net loss after zakat and tax was SAR 14 million against profit of SAR 209 million a year ago. Loss per share was SAR 0.09 against profit of SAR 1.27 a year ago.