Elm’s profits grow to 1.8 billion riyals by the end of 2024

Elm Company revealed an increase in net profit by the end of 2024 to 1.8 billion riyals compared to 1.3 billion riyals last year by 34.6%, following the announcement today of the consolidated annual financial results ending on December 31, 2024.

Operating profit amounted to 1.7 billion riyals by the end of 2024 compared to 1.3 billion riyals last year, an increase of 25.8%.

Total equity (after excluding non-controlling interests) in the current year amounted to 5.2 billion riyals compared to 3.9 billion riyals last year, an increase of 32.4%.

Earnings per share in the current year reached 23.5 riyals compared to 17.4 riyals last year