Dar Almarkabah Records Losses of SAR 73.9 Thousand During H1 2024

Dar Almarkabah for Renting Cars Co. recorded on Wednesday a net loss that amounted to 73.9 thousand riyals during the first half of 2024, compared to 3.4 million riyals in the same period of the previous year. This came after the announcement today of the preliminary financial results for the period ending on June 30, 2024 (six months).

Revenues amounted to 35.4 million riyals in the first half of 2024, compared to 30.5 million riyals in the same period of the previous year, with a growth of 15.8%.

Total equity (excluding non-controlling interests) amounted to 40.7 million riyals in the 6-month period, compared to 24.3 million riyals in the same period last year, with a growth of 67.4%.

The loss per share in the current period reached 0.03 riyals, compared to 1.64 riyals in the same period of the previous year.