Abu Dhabi – Mubasher: The net profits after tax of Presight AI Holding hiked to AED 176.43 million in the first half (H1) of 2024 from AED 139.39 million in H1-23.

The company generated revenues worth AED 603.54 million in H1-24, higher year-on-year (YoY) than AED 513.91 million, according to the financial results.

Meanwhile, the basic and diluted earnings per share (EPS) retreated to AED 0.03 as of 30 June 2024 from AED 0.04 in H1-23.

Total assets hit AED 4.77 billion in H1-24, compared to AED 4.07 billion as of 31 December 2023.

Income Results for Q2

In the second quarter (Q2) of 2024, the net profits increased to AED 80.49 million from AED 66.99 million in Q2-23, while the revenues surged to AED 341.41 million from AED 287.70 million.

Meanwhile, the basic and diluted EPS plummeted YoY to  AED 0.01 in Q2-24 from AED 0.04.

In the first three months (3M) of 2024, Presight logged an annual growth in consolidated net profit after tax to AED 95.94 million, compared to AED 72.40 million.