Riyadh - Bahri announced its financial results for the fourth quarter and full year 2024 showing an 18% and a 34% increase in net profit, compared to the same periods in 2023, respectively, driven by favorable freight rates overall, increased cargo volume supported by fleet expansion, improved operating cost efficiencies, and higher earnings from associated companies.

Eng. Ahmed Ali Al Subaey, Chief Executive Officer of Bahri, commented:

“2024 was more than just a record-breaking year for Bahri – it was a pivotal year that laid the foundation for our future. We took . . .