Mubasher: Ithmaar Holding recorded net profits valued at $123.74 million in 2024, compared to $49.04 million in 2023, according to the initial financial results.
Listed on Bahrain Bourse as well, the group registered a total income amounting to $3.34 billion at the end of December 2024, higher year-on-year (YoY) than $2.69 billion.
Earnings per share (EPS) hit $1.32 last year, against a loss per share valued at $1.18 in 2023.
In the fourth quarter (Q4) of 2024, the dual-listed company suffered accumulated net losses valued at $ 828.65 million, representing 109% of its capital.
As of 30 September 2024, the net profits hiked to $22.34 million from $12.86 million a year earlier.
