Enma Al Rawabi’s H1 2022 net profit down 3% to SAR 12.4 mln

06/09/2022 Argaam Exclusive

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Share Price

19.94
(0.06) (0.30 %)

Enma AlRawabi Co. (ENMA ALRAWABI)

Enma Al Rawabi Co. reported to a 3% decrease in H1 2022 net profit after Zakat and tax to SAR 12.4 million, from SAR 12.8 million in the year-earlier period, driven by higher general and administrative expenses (G&As) compared to a year-earlier period.



Financials (M)

Item 6m 2021 6m 2022 Change‬
Revenues 19.60 - -
Gross Income 14.33 - -
Operating Income 12.86 - -
Net Income 12.82 - -
Average Shares 40.00 - -
EPS (Riyals) 0.32 - -

The company cited calculating Zakat for the current period, while there are no comparative calculations for H1 2021, in addition to Zakat claim differences from previous years.



Shareholders’ equity, after minority interest, reached SAR 504.94 million as of June 30, 2022, up from SAR 483.494 million a year earlier.

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