Riyadh-Mubasher: Qassim Agriculture trimmed its net losses by 59.46% in the first quarter of 2015 to SAR 3 million, compared with SAR 7.3 million in the corresponding period a year ago.

The losses declined 63.52% quarter-on-quarter from SAR 8.1 million.

The loss reduction was ascribed by the company to a decline in sales costs and administrative expenses, in addition to booking provisions for doubtful debts.