Tuesday, 29 July 2025

Rasan Profits Surge 410% to SAR 45 Mln in Six Months

Rasan Information Technology Co. reported on Tuesday a 410% jump in profits during the second quarter of 2025, with net profit reaching SAR 45 million, compared to SAR 8.9 million for the same period last year.

Operational profit reached SAR 45.15 million, compared to SAR 11.8 million for the same period last year, reflecting a 286% increase.

During the current six-month period, the Company recorded profits of SAR 75 million, compared to SAR 18.3 million for the same period last year.

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Profits per share reached SAR 0.97, compared to SAR 0.26 for the same period last year.

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