PIF-owned Elm’s stock slips despite 59% profit surge in H1

PIF-owned Elm’s stock slips despite 59% profit surge in H1

Shares of Elm Co., a Saudi-based digital security firm, fell on Sunday, despite a 59 percent profit surge in the first half of 2022.

 

The company’s share price was down nearly 3 percent to SR284.8 per share ($75.8) at the closing bell.