Riyadh – Mubasher: The net profits of National Gypsum Company increased by 34.2% year-on-year (YoY) during the July-September period to stand at SAR 9.34 million, backed by higher sales.

Revenues rose by 37.5% YoY in the third quarter (Q3) of 2020, reaching SAR 29.5 million, according to a stock exchange filing on Wednesday.

In the first nine months of the year, the profits amounted to SAR 32.24 million, an annual surge of 1,966%.