The National Agricultural Development Company (NADEC) achieved net profits amounting to SR 107 million net profits ($28.5 million) in 2014.
In a statement issued Jan. 18, the Company pointed out that this is an increase of 7 percent in comparison to the year 2013.
It noted that it registered SR 20 million ($5.3 million) net profits in the fourth quarter of the year 2014, pointing out that dividends per share within 3 months amounted to SR 1.53 ($0.41).