Riyadh – Mubasher: The National Industrialization Company (Tasnee) has achieved net profits after Zakat and tax worth SAR 1.35 billion in 2021, against net losses of SAR 446.7 million in 2020.

The company’s revenues reached SAR 3.67 billion last year, a leap of 61.68% from SAR 2.27 billion in 2020, according to the income statements on Wednesday.

Moreover, the earnings per share (EPS) stood at SAR 2.03 in 2021, versus losses per share of SAR 0.67 in 2020.

In the first nine months (9M) of 2021, Tasnee logged net profits after Zakat and tax of SAR 1.01 billion, against net losses of SAR 274.30 million during the same period in 2020.