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Saudi Airlines Catering turns profitable at $21.06mln in H1-22

  Saudi Airlines Catering Company has turned to net profits after Zakat and tax of SAR 78.80 million during the first half (H1) of 2022, versus net losses of SAR 47.50 million in H1-21. The company generated sales worth SAR 808.10 million during the January-June 2022 period, an annual leap of 57.40% from SAR 513.40 […]

Elm logs $118.4mln profits in H1-22 interim results

  Elm Company’s net profits after Zakat and tax surged by 59.14% during the first half (H1) of 2022 to SAR 444 million, compared to SAR 279 million in H1-21. The Saudi firm generated revenues worth SAR 2.13 billion in H1-22, an annual hike of 18.98% from SAR 1.79 billion, according to the interim financial […]