Azim’s Q1 profit jumps 47.2% to SAR 8.7 mln

Saudi Azim for Communication and Information Technology Co. reported a 47.2% year-on-year increase in first-quarter net profit to SAR 8.7 million, up from SAR 5.9 million in the same period last year, according to preliminary financial results for the three-month period ended March 31, 2025.

Operating profit rose 37.9% to SAR 7.6 million, compared to SAR 5.5 million a year earlier.

Total net profit for the current period stood at SAR 26.8 million, versus SAR 20 million in the previous period, marking a 34.2% increase. Earnings per share reached SAR 0.43, up from SAR 0.30.