Development Works Food Co. reported a net profit after zakat and tax of SAR 1.46 million for the first quarter of 2019, up by 8.83 percent year-on-year (YoY), due to a SAR 8.06 million increase in sales.
On a sequential basis, net profit dropped 45.8 percent, driven by higher sales and increased gross income.
|Gross Income||3.27||4.73||44.7 %|
|Operating Income||1.36||1.11||(18.5 %)|
|Net Income||1.34||1.46||8.8 %|
|EPS (Riyal)||1.07||1.17||8.8 %|