Abdullah Saad Mohammed Abo Moati Libraries Company reported a 9.1% increase in net profit for the third quarter ending December 31, 2024, reaching SAR 9.3 million compared to SAR 8.5 million in the same period of the previous year. The announcement follows the release of the company’s financial results for the period ending December 31, 2024.
Operating profit for the third quarter amounted to SAR 10.9 million, reflecting a 6.7% rise from SAR 10.2 million in Q3 2023.
Earnings per share stood at SAR 1.1 for the current period, compared to SAR 1.21 in the same period last year.
According to the company, the increase in net profit for the quarter was primarily driven by higher sales compared to the corresponding quarter of the previous year.
