Logo ofDerayah Financial Co.
Derayah Financial Co.announced the appointment of HSBC Saudi Arabia as the sole financial advisor, bookrunner, global coordinator, lead manager and underwriter.
The company recorded an operating income of SAR 624 million, a net profit of SAR 330 million, and a net profit margin of about 53% in 2023.
Derayah reported strong growth in the first half of 2024, with operating income surging 63% year-on-year (YoY) and net profit soaring 70% YoY to SAR 228 million.
Logo ofDerayah Financial Co.
Derayah Financial Co.announced the appointment of HSBC Saudi Arabia as the sole financial advisor, bookrunner, global coordinator, lead manager and underwriter.
The company recorded an operating income of SAR 624 million, a net profit of SAR 330 million, and a net profit margin of about 53% in 2023.
Derayah reported strong growth in the first half of 2024, with operating income surging 63% year-on-year (YoY) and net profit soaring 70% YoY to SAR 228 million.
