Riyadh – Mubasher: Elm Company recorded consolidated net profits after tax valued at SAR 1.82 billion in 2024, higher by 34.66% than SAR 1.35 billion in 2023.
Revenues jumped by 25.58% year-on-year (YoY) to SAR 7.40 billion at the end of December 2024 from SAR 5.89 billion, as per the financial results.
The earnings per share (EPS) hit SAR 23.51 last year, compared to SAR 17.46 in 2023.
Cash Dividends
The board members approved cash dividends amounting to SAR 310.84 million for the second half (H2) of 2024.
Elm will disburse a dividend of SAR 4 per share, equivalent to 40% of the share nominal value, for 77.71 million eligible shares.
Eligibility and payment dates will be 6 and 17 March 2025, respectively.
The Saudi company recently participated in the LEAP 2025 tech conference, where it signed multiple strategic agreements to promote the exchange of expertise and provide its advanced digital solutions.
