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Presight Q2 profit jumps 30% to Dh116.8 million on strong AI contract growth

Presight reported a 30.2% increase in its second-quarter profit, reaching Dh116.8 million. This growth was driven by Dh713.2 million in revenue, bolstered by Dh2.5 billion in domestic contracts and a Dh4.9 billion backlog. International revenue also saw a significant rise of 19.1%. AI

IMPACT Indicates strong market demand and financial success for companies leveraging AI in their contract acquisition and revenue generation.

RANK_REASON Company financial results with significant growth attributed to AI contracts. [lever_c_demoted from significant: ic=1 ai=0.7]

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Presight Q2 profit jumps 30% to Dh116.8 million on strong AI contract growth

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  1. Mastodon — sigmoid.social TIER_1 English(EN) · [email protected] ·

    Presight Q2 profit rose 30.2% to Dh116.8 million on Dh713.2 million revenue, with Dh2.5 billion in domestic contracts and a Dh4.9 billion backlog. International

    Presight Q2 profit rose 30.2% to Dh116.8 million on Dh713.2 million revenue, with Dh2.5 billion in domestic contracts and a Dh4.9 billion backlog. International revenue grew 19.1%. Source: Gulf News Technology https:// gulfnews.com/business/markets/ presight-q2-profit-jumps-30-to…