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Home Technology

Saudi Jahez International H1 net profit soars 85% to $14mln

Press Room by Press Room
September 12, 2022
in Technology
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Saudi food delivery company Jahez posted an 85% year-on-year jump in H1 202 net income after zakat to SAR 53.2 million ($14.2 million), compared with SAR 28.7 million due mainly to nearly 60% higher revenues.

Jahez International Co. for Information Systems Technology said in a regulatory filing to the Saudi Tadawul on Monday that delivery fee revenue and commission revenue rose by SAR 159.5 million and SAR 81.8 million, respectively.

Earnings…



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