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National Leasing Holding disclosed its financial statements for the period ending June 30, 2024, showing a net profit of 9.74 million riyals, up 12.80% from 8.63 million riyals in 2023. Net profit reached 0.020, compared to 0.017 in 2023. Revenue reached 36.13, a growth rate of 12.97% over 2023.
Mr. Hamad Hassan Al-Jamali, the company’s CEO, said: “Al-Ijarah Holding Company achieved a 12.80% increase in net profit, thanks to the stable performance of the fixed income instruments portfolio and the strong operational performance of Al-Ijarah Driving Training Academy.” He added: “The company remains on the right path.” In implementing its strategic plan, it strengthened its portfolio of fixed income instruments by increasing new investments in Sukuk.
He said the company has maintained good performance in the real estate industry and stability in industry profits by developing part of the company’s own land, expanding the real estate sector through acquisitions of land, and striving to enrich its real estate business. The Kingdom of Saudi Arabia has also increased its return on assets. In addition, we continue to strive to make investments that maximize shareholder value.
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