Monday, 28 April 2025

Nice One Q1 Profit Rises 10% to SAR 24 Mln

Nice One Beauty Digital Marketing Co. reported on Monday a 10% rise in net profit to SAR 24 million in the first quarter, compared to SAR 22 million in the same quarter last year. The announcement followed the release of its preliminary consolidated financial results for the (three-month) period ending March 31, 2025.

Operational profit in the first quarter rose 13% to SAR 27 million, up from SAR 24 million in the same quarter last year.

Total equity (excluding non-controlling interests) for the three-month period stood at SAR 400 million, compared to SAR 134 million previously, an increase of 198%.

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Profits per share for the current period were SAR 0.21, compared to SAR 20.6 in the previous period.

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