Al Shark Electrode Co. Announces Earnings Results for the Year Ended December 31, 2020
Al Shark Electrode Co. announced earnings results for the year ended December 31, 2020. For the period, the company reported net sales of JOD 761,253 compared to JOD 847,446 a year ago. Net profit from operating activities was JOD 94,681 compared to JOD 142,884 a year ago. Loss from operating activities was JOD 40,546 compared to JOD 5,773 a year ago. Net loss after tax was JOD 11,696 compared to net profit after tax of JOD 7,183 a year ago.