Ma’aden logs SAR 2.8bn profits in 2024 - Mubasher Info

MAADEN
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Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) posted 82.05% year-on-year (YoY) higher net profits at SAR 2.87 billion in 2024, compared to SAR 1.57 billion.

Revenues increased by 11.19% YoY to SAR 32.54 billion at the end of December 2024 from SAR 29.27 billion, according to the financial statements.

Meanwhile, the earnings per share (EPS) climbed to SAR 0.78 last year from SAR 0.43 in 2023.

In the nine-month period that ended on 30 September 2024, the group’s net profits recorded an annual leap of  333.40% to SAR 2.97 billion, compared to SAR 686.92 million.

Source: Mubasher Source: {{details.article.source}}