Bayanat Joint Stock Company, listed on ADX and a provider of geospatial solutions based on artificial intelligence, has announced an increase in its revenue by publishing a report.

According to Amac News: Bayanat said in its report that the company's financial results for the first three months of 2024 reached 113 million dirhams.
According to the report of Bayanat Company, the recorded financial figure shows a 12% increase in income compared to last year.
Bayanat said in his report that the income of this company has increased due to the expansion of its presence in the market and the wide range of products and services provided.
The company's gross profit in the first quarter of 2024 reached 32 million dirhams, which represents a gross margin of 28%.
The benefit of the statements was on the key segments, namely Smart Operations Solutions (SOPS), Smart Mobility Solutions (SMOS) and Smart Mechanical Solutions (SGS).