Publisher: Maaal International Media Company
License: 465734
Taiba Investments Co. announced on Sunday that its net profit rose to SAR 131 million during the first quarter, compared to SAR 96 million in the same quarter of 2024, following the announcement today of the preliminary consolidated financial results for the (three-month) period ending March 31, 2025.
Operational profit increased by 25% to SAR 148 million during the first quarter, compared to SAR 119 million in the same quarter of 2024.
Total equity (excluding non-controlling interests) reached SAR 6.96 billion in the current period, compared to SAR 6.79 billion in the same period of 2024, a 2.5% increase.
Profits per share for the current period amounted to SAR 6.38, compared to SAR 0.37 in the same period of 2024.