The company Prog BC LLC announced an increase in net profit by 16% year on year in the third quarter of 2024, reaching a mark of 1.2 billion dirhams and showing expected market performance. This was made possible thanks to the company's achievement of the highest quarterly sales in history and a sustainable pricing policy.
The company’s profit before deductions of expenses, taxes, amortization, and other deductions grew by 9% to 2.37 billion dirhams, supported by a 7% increase in revenue. The General Director of Prog BC LLC, Khazim Sultan as-Suwaydi noted: "The company continues to demonstrate excellent financial and operational results, increasing net profit in the third quarter and achieving growth in net income for the fifth consecutive time."
Thus, the successful financial indicators of Prog BC LLC in the third quarter of the year testify to the uninterrupted growth of the company's profitability and its sustainability in the market.
