Saudi Tadawul Group's profits rose by 37% during the third quarter of 2024 to 140.4 million riyals, compared to 102.3 million riyals in the corresponding quarter of last year.
The company attributed this increase in a statement published on the Saudi market website to the increase in revenues.
Operating profit increased by 20% year-on-year to reach SAR 359.1 million in Q3 2024.
In contrast, operating expenses increased by more than 17% to reach 235.5 million riyals.
9 month period
Speaking of the first 9 months of 2024, net profit increased by about 70% to 505.7 million riyals compared to 298.3 million riyals in the corresponding period last year.
