The arrow of Al -Muammar Information Systems Company “MIS” is achieved in the Saudi market “trading” growth in its market value by about 80 halalas (0.8 riyals) for the share in the middle of the session today, Wednesday.
This came in conjunction with the company’s distribution of cash profits to the shareholders for the last fiscal year 2024, with a total value of 96 million riyals.
Al -Muammar’s share increased by 0.61% in the middle of the session today, Wednesday, to close at 131 riyals per share.
The distribution of profits to the company’s shareholders came according to the decision of the Board of Directors and represented 32% of the value of the nominal share, and at the rate of distribution of 3.2 riyals per share.
Mali achieved a positive performance in its annual financial results, as the company’s net profit increased by 785.7% in the fiscal year 2024, as it reached 124 million compared to its net profits in the fiscal year 2024 amounting to 14 million riyals.
The company achieved annual revenues of 1.21 billion riyals in the fiscal year 2024, compared to revenues of 1.46 billion riyals in the fiscal year 2023.
And Muammar for Information Systems is a leading Saudi company in the field of information technology, founded in 1979 in Riyadh, and the company started as a limited liability company under the name “Mohamed Al Muammar and Co.”, and was operating under the trade name “Computer Services Center Company Ltd.”. Its name was changed to “Al -Muammar Information Systems Company”, which reflects its expansion in providing integrated technical solutions that include digital infrastructure, cybersecurity, and data management.
The shares of the company were included in the main Saudi financial market “Tadawul” in April 2019, and this strengthened its position as a public joint stock company, providing services through a wide range of technical solutions, including the design, operation and maintenance of information systems, in addition to providing technical support and operating management. The company is constantly seeking to improve performance and simplify operations for its customers in various sectors.
