Jahez International Company for Information Systems Technology has announced its consolidated annual financial results for the year ending December 31, 2024, with net profit increasing by 50% year-on-year to reach SAR 187.9 million (equivalent to $50 million).
This came following today’s announcement of the preliminary financial results for the period ending December 31, 2024.
This growth is primarily attributed to improvements in commission rates, enhanced efficiency in promotional offers and campaigns that better meet customer needs.
It also controlled marketing spending and reduced delivery costs, all of which contributed to increased profitability.
A company spokesperson stated, “These results reflect the success of our strategy to improve operational efficiency and deliver a better customer experience, reinforcing our position as a leader in the delivery and e-commerce sector in the Kingdom.”
