Anaam International Holding Group widened net loss after Zakat and tax to SAR 5.3 million in H1 2021, from SAR 153,000 in year-earlier period, driven by a 89% rise in general and administrative expenses (G&As) and increased personnel costs.
| Item | 6m 2020 | 6m 2021 | Change |
|---|---|---|---|
| Revenues | 4.88 | 3.90 | (20.1 %) |
| Gross Income | 1.44 | 1.33 | (7.7 %) |
| Operating Income | (2.11) | (5.27) | (149.3 %) |
| Net Income | (0.15) | (1.82) | (1,089.5 %) |
| Average Shares | 617.32 | 622.01 | 0.8 % |
| EPS (Halala) | (0.02) | (0.29) | (1,080.6 %) |
The company reported net loss after Zakat and tax of SAR 2.5 million in Q2 2021, versus net profit of SAR 346,000 in prior-year period, due to higher G&As and increased depreciation of fixed assets.
On a sequential basis, net loss shrank by 9.01%.
| Item | Q2 2020 | Q2 2021 | Change |
|---|---|---|---|
| Revenues | 1.58 | 1.91 | 20.6 % |
| Gross Income | 0.17 | 0.60 | 263.6 % |
| Operating Income | (1.33) | (2.52) | (89.0 %) |
| Net Income | 0.35 | 0.65 | 87.3 % |
| Average Shares | 617.32 | 622.01 | 0.8 % |
| EPS (Halala) | 0.06 | 0.10 | 85.9 % |
| Item | Q1 2021 | Q2 2021 | Change |
|---|---|---|---|
| Revenues | 2.00 | 1.91 | (4.5 %) |
| Gross Income | 0.73 | 0.60 | (17.5 %) |
| Operating Income | (2.75) | (2.52) | 8.5 % |
| Net Income | (2.47) | 0.65 | 126.3 % |
| Average Shares | 622.01 | 622.01 | - |
| EPS (Halala) | (0.40) | 0.10 | 126.3 % |
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