Raoom Trading Co. posted a net profit of SAR 30.7 million in 2022, a 23.6% increase from SAR 24.9 million a year earlier.
| Item | 2021 | 2022 | Change |
|---|---|---|---|
| Revenues | 110.19 | 135.23 | 22.7 % |
| Gross Income | 38.00 | 43.71 | 15.0 % |
| Operating Income | 27.58 | 34.14 | 23.8 % |
| Net Income | 24.88 | 30.74 | 23.6 % |
| Average Shares | 12.50 | 12.50 | - |
| Earnings Per Share before unusual items (Riyals) | 1.99 | 2.46 | 23.6 % |
| EPS (Riyal) | 1.99 | 2.46 | 23.6 % |
The positive performance was driven by higher sales and profit margins.
| Item | Q4 2021 | Q4 2022 | Change |
|---|---|---|---|
| Revenues | - | 37.03 | - |
| Gross Income | - | 13.41 | - |
| Operating Income | - | 10.01 | - |
| Net Income | - | 8.73 | - |
| Average Shares | - | 12.50 | - |
| Earnings Per Share before unusual items (Riyal) | - | 0.70 | - |
| EPS (Riyal) | - | 0.70 | - |
| Item | Q3 2022 | Q4 2022 | Change |
|---|---|---|---|
| Revenues | 33.16 | 37.03 | 11.7 % |
| Gross Income | 8.32 | 13.41 | 61.2 % |
| Operating Income | 6.47 | 10.01 | 54.9 % |
| Net Income | 5.78 | 8.73 | 51.0 % |
| Average Shares | 12.50 | 12.50 | - |
| Earnings Per Share before unusual items (Riyal) | 0.46 | 0.70 | 51.0 % |
| EPS (Riyal) | 0.46 | 0.70 | 51.0 % |
Shareholders’ equity, no minority interest, increased to SAR 107.08 million as of Dec. 31, 2022, compared to SAR 95.45 million a year earlier.
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