Azm’s profits rise to 30.2 million riyals during the year ending in June 2024

Azm Saudi Telecom and Information Technology Company revealed an increase in net profit during the current year to 30.2 million riyals compared to 23.9 million riyals in the previous year by 25.8%, following the announcement today of the annual financial results ending on March 31, 2024.

The operating profit amounted to 27.6 million riyals in the current year compared to 17.3 million riyals in the previous year, an increase of 59.7%.

The total equity (after excluding non-controlling interests) amounted to 88.4 million riyals in the current year compared to 68.4 million riyals in the previous year, an increase of 29.2%.

The earnings per share in the current year reached 0.47 riyals compared to 0.39 riyals in the previous year.