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Elm Co. Logs Higher H1 Net Profit, Revenue

MT Newswires·07/30/2026 09:56:19
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09:56 AM EDT, 07/30/2026 (MT Newswires) -- Elm Co (SASE:7203) said Thursday its net profit and revenue for the first half increased year over year. Net profit for the six months ended June 30 was 1.17 billion Saudi riyals, compared with 1.09 billion riyals earlier. EPS moved to 15.01 riyals from 13.95 riyals. The Saudi Arabia-listed digital services company's revenue was 5 billion riyals, compared with 4.12 billion riyals a year ago. Meanwhile, the board declared a dividend of 5 riyals per share for the period, payable Aug. 16 to shareholders on record Aug. 4. It paid 4.5 riyals per share a year ago.