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Elm profit rises to 778m

Elm profit rises to 778m

Elm’s net profit rose 39.18% year on year to SAR 778 million in the third quarter of 2026, compared with SAR 559 million, and increased 51.66% from the previous quarter. The company attributed the growth to a 10.10% increase in revenue to SAR 2.79 billion, driven by growth in revenue from its digital business sector, as well as lower operating expenses. In the first nine months of the year, profit rose 18.43% to SAR 1.95 billion.

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