Keir posts 63% profit leap to SAR 6.6 mln in H1 2022

14/09/2022 Argaam Exclusive

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Share Price

KEIR International Co.
4.13
(0.16) (3.73 %)

KEIR International Co. (KEIR)

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Keir International Co. posted a rise of 63% in H1 2022 net profit after Zakat and tax to SAR 6.6 million, compared to SAR 4.1 million in the year-earlier period.



Financials (M)

Item 6m 2021 6m 2022 Change‬
Revenues 56.65 63.59 12.3 %
Gross Income 10.13 16.78 65.7 %
Operating Income 5.32 8.52 60.1 %
Net Income 4.06 6.64 63.3 %
Average Shares 100.00 120.00 20.0 %
EPS (Riyals) 0.04 0.06 36.1 %

The higher profit was driven by the company’s business expansion, improved operating efficiency, and revenue growth.



Shareholders equity, after minority interest, came in at SAR 232.688 million as of June 30, 2022, up from SAR 154.682 million a year earlier.

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