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Elm’s profits leap 85% in 2021

Elm’s profits leap 85% in 2021
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ELM
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1.23% 1,002.20 12.20

Riyadh – Mubasher: Elm Company has recorded net profits after Zakat and tax worth SAR 567 million in 2021, a year-on-year (YoY) jump of 84.69% from SAR 307 million.

The company’s revenues reached SAR 3.82 billion in 2021, a leap of 55.23% from SAR 2.46 billion in 2020, according to the income statements.

Moreover, the earnings per share (EPS) stood at SAR 7.09 in 2021, up from SAR 3.83 in 2020.

It is worth noting that in February, Elm was officially listed on the Saudi Exchange (Tadawul).