Financial Results : Sure net profit jumps 16% to SAR 33.4M in 2024; H2 at SAR 17.2M

Sure net profit jumps 16% to SAR 33.4M in 2024; H2 at SAR 17.2M

23/03/2025 Argaam Exclusive

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Sure Global Tech Co. reported a net profit of SAR 33.4 million for 2024, a rise of 16% from SAR 28.7 million a year earlier.



Financials (M)

Item 2023 2024 Change‬
Revenues 194.29 246.62 26.9 %
Gross Income 56.46 62.35 10.4 %
Operating Income 30.08 37.68 25.3 %
Net Income 28.67 33.40 16.5 %
Average Shares 7.69 7.69 -
Earnings Per Share before unusual items (Riyals) 3.73 4.34 16.5 %
EPS (Riyal) 3.73 4.34 16.5 %


Current Half Annual Comparison (M)

Compared With The
Item H2 2023 H2 2024 Change‬
Revenues 111.62 144.20 29.2 %
Gross Income 27.58 30.29 9.8 %
Operating Income 13.09 18.88 44.2 %
Net Income 12.76 17.23 35.1 %
Average Shares 7.69 7.69 -
Earnings Per Share before unusual items (Riyal) 1.66 2.24 35.1 %
EPS (Riyal) 1.66 2.24 35.1 %

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