Riyadh – Bahri recently announced its financial results for the third quarter and the first nine months of 2024, reporting strong profit growth.
On its performance for the nine-month period ended September 30, 2024, the kingdom’s top shipping and logistics provider said its net profit rose 40% YoY to SAR1.70 billion propelled by higher shipping rates, growth in shipped volumes and fleet size, and improved cost efficiencies.
For the third quarter of 2024, Bahri recorded a net profit of SAR 509 million, up 127% year-on-year (YoY). The strong momentum . . .
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