Saudi Tadawul Group Holding Co 2024 AR2
The report highlights Saudi Tadawul Group's strategic and financial milestones for the fiscal year 2024, emphasizing its role in advancing the Kingdom's capital markets in alignment with Vision 2030. Financially, the Group achieved a 34.8% year-over-year increase in operating revenue to SAR 1,446.6 million and a 59.4% increase in net profit after zakat to SAR 621.8 million. Key operational achievements include the acquisition of a 32.6% stake in Dubai Mercantile Exchange (rebranded as Gulf Mercantile Exchange) and the implementation of the second phase of the Post-Trade Transformation Program. On the sustainability front, the Group established the Net Zero 2050 project, launched the STG Green Initiative, and reported that 40% of companies listed on the Main Market now issue ESG disclosures.
Company: Saudi Tadawul Group Holding Co
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2024
Type: AR2
Pages: 122
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Saudi Tadawul Group Holding Co
Annual Report
The report highlights Saudi Tadawul Group's strategic and financial milestones for the fiscal year 2024, emphasizing its role in advancing the Kingdom's capital markets in alignment with Vision 2030. Financially, the Group achieved a 34.8% year-over-year increase in operating revenue to SAR 1,446.6 million and a 59.4% increase in net profit after zakat to SAR 621.8 million. Key operational achievements include the acquisition of a 32.6% stake in Dubai Mercantile Exchange (rebranded as Gulf Mercantile Exchange) and the implementation of the second phase of the Post-Trade Transformation Program. On the sustainability front, the Group established the Net Zero 2050 project, launched the STG Green Initiative, and reported that 40% of companies listed on the Main Market now issue ESG disclosures.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Net Zero Target
Employees