Clean Life Co. reported a net profit of SAR 9.2 million in 2023, a 11% increase from SAR 8.3 million in 2022.
| Item | 2022 | 2023 | Change |
|---|---|---|---|
| Revenues | 33.21 | 49.31 | 48.5 % |
| Gross Income | 24.09 | 35.70 | 48.2 % |
| Operating Income | 8.34 | 9.07 | 8.7 % |
| Net Income | 8.27 | 9.20 | 11.3 % |
| Average Shares | 1.50 | 1.50 | - |
| EPS (Riyals) | 5.51 | 6.14 | 11.3 % |
The company noted an increase in operating efficiency through automating reservation and operational follow-up procedures. This led to a rise in sales capacity of the operating teams, in addition to increasing the number of operating and sales teams.
Revenues rose to SAR 49.3 million in 2023 compared to SAR 33.2 in 2022.
Total shareholders’ equity, no minority interest, stood at SAR 20.55 million as of Dec. 31, 2023, compared to SAR 18.83 million a year earlier.
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