National Agricultural Development Company of Saudi Arabia has recorded profits during the first half of 2022 helped by a surge in sales of dairy and food processing.
The company turned green with a profit of $11 million in the first six months of the year from losses of $2.9 million in the same period last year, according to a bourse filing.
The company attributed the result to an 18 percent growth in sales of dairy and food processing, leading to a 21 percent revenue increase.
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