Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) generated 61.41% year-on-year (YoY) lower net profits at SAR 44.21 million in 2024, compared to SAR 114.55 million.
On the other hand, the revenues witnessed an annual growth of 11.78% to SAR 10.18 billion at the end of December 2024, compared to SAR 9.11 billion, according to the financial results.
Earnings per share (EPS) dropped to SAR 0.63 last year from SAR 1.64 in 2023.
In the nine-month period that ended on 30 September 2024, SASCO registered SAR 34.07 million in net profit, up 2.40% from SAR 33.27 million a year earlier.
