STC Group net profit rises nearly 16% in Q4

Thursday 21 January 2021 | 15:35 CET | News
Saudi operator STC Group said net profit increased by 15.6 percent to SAR 2.68 billion in the fourth quarter ended 31 December 2020 compared with the same period in 2019. Net profit for the 2020 financial year reached SAR 11.08 billion, up by 3.94 percent compared with FY 2019. Revenues for Q4 reached SAR 15.21 billion, up 14.69 percent year on year, and full-year revenue expanded by 8.43 percent to SAR 58.95 billion.

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Categories: General
Companies: STC
Countries: Saudi Arabia
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