Riyadh-stc Group announced its preliminary financial results for the period ending June 30, 2320, indicating an increase in revenue during the first half of 2023 by 8.17% compared to the same half of the previous year to reach 36,506 million riyals, and an increase in gross profit during the first half of 2023 by 0.90% compared to the same half of the previous year to reach 18,488 million riyals.
She pointed out that the net profit during the first half of 2023 increased by 4.17% compared to the same half of the previous year to reach 6,117 million riyals, indicating that the results of the first half of 2023 do not include the profit from the sale of Khobar land.

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