Al-Omran Industrial Trading Co. reported a net profit after Zakat and tax of SAR 2.3 million in Q1 2022, a fall of 20% from SAR 2.8 million in the year-earlier period, due to higher cost of sales.
| Item | Q1 2021 | Q1 2022 | Change |
|---|---|---|---|
| Revenues | 38.65 | 41.48 | 7.3 % |
| Gross Income | 9.00 | 8.41 | (6.6 %) |
| Operating Income | 3.76 | 3.48 | (7.6 %) |
| Net Income | 2.84 | 2.26 | (20.4 %) |
| Average Shares | 10.21 | 10.21 | 0.0 % |
| EPS (Riyals) | 0.28 | 0.22 | (20.4 %) |
| Item | Q4 2021 | Q1 2022 | Change |
|---|---|---|---|
| Revenues | 20.79 | 41.48 | 99.5 % |
| Gross Income | 10.40 | 8.41 | (19.2 %) |
| Operating Income | 3.02 | 3.48 | 15.3 % |
| Net Income | 1.06 | 2.26 | 114.3 % |
| Average Shares | 10.21 | 10.21 | 0.0 % |
| EPS (Riyals) | 0.10 | 0.22 | 114.3 % |
The first-quarter net profit after Zakat and tax more than doubled from SAR 1 million in Q4 2021, driven by better sales.
Shareholders’ equity, after minority interest, increased to SAR 117.59 million by the end of Q1 2022, from SAR 109.43 million a year earlier.
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