Academy of Learning H1 2024 Profit Falls 17% to SAR 12 Million

Academy of Learning Co. announced on Tuesday that net profits decreased to SAR 12 million during the first half ending on Dec. 31, 2024, compared to SAR 14.4 million in the same half of last year, by 17%. This came after the announcement today of the estimated financial results for the duration ending on June 30, 2024 (6 months).

Total equity (after excluding non-controlling interests) in the current duration increased by 9% to SAR 123 million, compared to SAR 113 million in the same duration of the previous year.

Profits per share reached SAR 0.13 in the current duration, compared to SAR 0.16 in the same duration of last year.