TAM profit rises to SAR 4.8 mln in H1 2023

03/09/2023 Argaam Exclusive

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Share Price

Tam Development Co.
210.00
9.00 4.48 %

Tam Development Co. (TAM DEVELOPMENT)

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TAM Development Co. reported a net profit to SAR 4.8 million in H1 2023, compared to SAR 2.4 million in H1 2022, spurred by higher sales. 



Financials (M)

Item 6m 2022 6m 2023 Change‬
Revenues 38.26 62.81 64.2 %
Gross Income 12.43 24.43 96.6 %
Operating Income 3.31 6.69 102.2 %
Net Income 2.37 4.76 100.8 %
Average Shares 3.66 3.66 -
EPS (Riyals) 0.65 1.30 100.8 %


Total shareholders’ equity, no minority interest, rose to SAR 76.89 million by the end of the six-month period from SAR 46.25 million a year earlier.

 

Historical Data

Period

Revenue

(SAR mln)

Net Profit

(SAR mln)

EPS

(SAR)

H1 2021

25.10

2.81

0.77

H2 2021

64.75

13.71

3.75

H1 2022

38.26

2.37

0.72

H2 2022

108.81

25.56

6.98

H1 2023

62.811

4.76

1.45

 

View more financial results

 

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