Day: February 12, 2024

stc Group revenues and bottom line for the year 2023 reached SAR 72.3 billion and SAR 13.3 billion with an increase of 7.3% and 9.2% (respectively), and it distributes SAR 0.40 per share dividends for the 4th quarter of 2023

stc revenues for the year 2023 reached SAR 72,337m with an increase of 7.3% as compared to 2022. The growth of revenue was mainly attributed to the increase in commercial unit revenues by 5.1%, carriers and wholesale unit revenues by 1.4% in stc KSA, and the subsidiaries revenues also increased by 23.9%. • Gross Profit

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