Anaam International Holding Group swung to a net loss of SAR 31.5 million in 2022, against a net profit of SAR 2.8 million a year earlier. The negative results were attributed to the losses incurred from short-term securities trading and impairment of goodwill associated with the subsidiaries.
| Item | 2021 | 2022 | Change |
|---|---|---|---|
| Revenues | 7.74 | 28.11 | 263.3 % |
| Gross Income | 2.61 | 13.49 | 417.2 % |
| Operating Income | (17.05) | (14.76) | 13.4 % |
| Net Income | 3.74 | (28.32) | (857.7 %) |
| Average Shares | 31.10 | 31.50 | 1.3 % |
| Earnings Per Share before unusual items (Riyals) | (0.67) | (0.12) | 82.5 % |
| EPS (Riyal) | 0.12 | (0.90) | (848.1 %) |
Net losses widened by 130.9% to SAR 40.21 million in Q4 2022, from SAR 17.42 million in Q4 2021.
The company reported a net profit of SAR 8.11 million for Q3 2022.
| Item | Q4 2021 | Q4 2022 | Change |
|---|---|---|---|
| Revenues | 1.89 | 10.32 | 445.3 % |
| Gross Income | 0.58 | 6.84 | 1079.7 % |
| Operating Income | (8.56) | (7.40) | 13.5 % |
| Net Income | (16.43) | (39.32) | (139.3 %) |
| Average Shares | 31.10 | 31.50 | 1.3 % |
| Earnings Per Share before unusual items (Riyal) | (0.53) | (0.40) | 24.5 % |
| EPS (Riyal) | (0.53) | (1.25) | (136.3 %) |
| Item | Q3 2022 | Q4 2022 | Change |
|---|---|---|---|
| Revenues | 10.61 | 10.32 | (2.7 %) |
| Gross Income | 6.17 | 6.84 | 10.9 % |
| Operating Income | 0.98 | (7.40) | (852.0 %) |
| Net Income | 8.11 | (39.32) | (584.7 %) |
| Average Shares | 31.50 | 31.50 | - |
| Earnings Per Share before unusual items (Riyal) | 0.21 | (0.40) | (287.8 %) |
| EPS (Riyal) | 0.26 | (1.25) | (584.7 %) |
Shareholders’ equity, no minority interest, increased to SAR 281.45 million as of Dec. 31, 2022, from SAR 115.30 million a year earlier.
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