| Item | 2021 | 2022 | Change |
|---|---|---|---|
| Revenues | 222.59 | 260.65 | 17.1 % |
| Gross Income | 28.99 | 42.20 | 45.6 % |
| Operating Income | (5.18) | 6.27 | 221.0 % |
| Net Income | (9.06) | 9.80 | 208.1 % |
| Average Shares | 11.50 | 11.50 | - |
| EPS (Riyals) | (0.79) | 0.85 | 208.1 % |
This was driven by higher gross profit, improved profit margins, lower expected credit loss provisions and an increase in realized and unrealized gains of investments at fair value.
Q4 2022 net earnings stood at SAR 6.3 million, compared to SAR 1.12 million in a prior-year period.
On a sequential basis, net profit surged from SAR 2.25 million in Q3 2022.
| Item | Q4 2021 | Q4 2022 | Change |
|---|---|---|---|
| Revenues | 60.32 | 63.99 | 6.1 % |
| Gross Income | 9.26 | 11.84 | 28.0 % |
| Operating Income | 0.21 | 1.43 | 592.0 % |
| Net Income | 1.12 | 6.29 | 460.4 % |
| Average Shares | 11.50 | 11.50 | - |
| EPS (Riyals) | 0.10 | 0.55 | 460.4 % |
| Item | Q3 2022 | Q4 2022 | Change |
|---|---|---|---|
| Revenues | 62.51 | 63.99 | 2.4 % |
| Gross Income | 10.78 | 11.84 | 9.9 % |
| Operating Income | 3.67 | 1.43 | (61.0 %) |
| Net Income | 2.25 | 6.29 | 179.4 % |
| Average Shares | 11.50 | 11.50 | - |
| EPS (Riyals) | 0.20 | 0.55 | 179.4 % |
Total shareholders’ equity, no minority interest, reached SAR 132 million by Dec. 31, 2022, compared to SAR 120.1 million a year earlier.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}