Presight’s consolidated profit rises to AED 96m in Q1-24

Abu Dhabi – Mubasher: Presight AI Holding recorded a consolidated net profit after tax of AED 95.94 million in the first quarter (Q1) of 2024, up from AED 72.40 million in the comparative period of 2023.

Revenues rose to AED 262.13 million in Q1-24 from AED 226.21 million in Q1-23, according to the unaudited interim consolidated statement.

The basic and diluted earnings per share (EPS) recorded AED 0.02 in the three-month period that ended on 31 March 2024, down from AED 0.03 in the same quarter a year earlier.

Total assets edged higher to AED 4.10 billion in Q1-24 from AED 4.07 billion in Q1-23.

In 2023, Presight logged a net profit of AED 570.60 million, up 5.10% YoY from AED 542.98 million.

Mubasher Contribution Time: 09-May-2024 13:05 (GMT)
Mubasher Last Update Time: 09-May-2024 13:23 (GMT)