Qomel Company concluded the first half of 2024 with strong growth, with total revenues reaching SAR 58.56 million, an increase of SAR 14.5 million or 32.9% compared to last year. This increase is mainly attributed to higher sales and the recording of sales for newly registered products. The company also reported a significant increase in net profit, amounting to SAR 11.00 million, an increase of 111% or SAR 5.7 million. This growth is due to the following factors: - Increased quantities of high-margin products sold. - Recording sales of new products with good profit margins. - Improved overall profit margin despite increased operating expenses due to ongoing expansion activities. - Reduced financing costs compared to the previous period. concluded the first half of 2024 with strong growth, with total revenues reaching SAR 58.56 million, an increase of SAR 14.5 million or 32.9% compared to last year. This increase is mainly attributed to higher sales and the recording of sales for newly registered products. The company also reported a significant increase in net profit, amounting to SAR 11.00 million, an increase of 111% or SAR 5.7 million. This growth is due to the following factors: - Increased quantities of high-margin products sold. - Recording sales of new products with good profit margins. - Improved overall profit margin despite increased operating expenses due to ongoing expansion activities. - Reduced financing costs compared to the previous period.