The “Talko” profit increased 3% to 82.65 million riyals in 2024

The profits of the Telecu Industrial Group Company in 2024 increased by 3% to 82.65 million riyals, compared to 80.13 million riyals in 2023.
According to the company’s statement on the circulation of Saudi Arabia, the reason for the rise in net profit is due to: the increase in the value of sales and the decrease in the percentage of sales cost and the increase of other revenues despite the increase in sales and marketing expenses and the increase in administrative and general expenses and the increase in losses of decline in the city receivables and the increase in financing expenses and the increase in zakat expenses.