Seven achieved a 30.5% increase in overall profits in the third quarter of this year.

Seven achieved a 30.5% increase in overall profits in the third quarter of this year.

The profits of the Heavy Engineering Industries and Shipbuilding Company in the third quarter of 2023 amounted to 1.56 million dinars, recording an increase of 30.54% compared to the previous year, supported by increasing operating revenues.

The Arab-Islamic summit concluded by calling for an end to the blockade of Gaza and the opening of crossings to allow aid convoys to enter.
The IMF reduced its growth rate predictions for the Middle East and North Africa region.
A penalty of up to 25 thousand Saudi riyals for not filing company lists
While the US dollar held steady against the Egyptian pound, the euro and sterling decreased in value.

The company's profits during the first nine months of the current year amounted to 4.03 million dinars, a growth of 25.62% compared to the same period of the previous year.

The increase in profits was mainly due to an increase in operating revenues in the third quarter of the year, which reached 39.54 million dinars, with an annual growth of 37.38%, and an increase in the first nine months of 25.38% at 106.54 million dinars.

In the first half of 2023, Seven achieved a profit of 2.47 million dinars, an increase of 22.70% compared to the first six months of last year.