Raoom net profit up 24% to SAR 30.7 mln in 2022

02/03/2023 Argaam Exclusive

View other reports

Share Price

136.00
1.60 1.19 %

Raoom Trading Co. (RAOOM)

Raoom Trading Co. posted a net profit of SAR 30.7 million in 2022, a 23.6% increase from SAR 24.9 million a year earlier.



Financials (M)

Item 2021 2022 Change‬
Revenues 110.19 135.23 22.7 %
Gross Income 38.00 43.71 15.0 %
Operating Income 27.58 34.14 23.8 %
Net Income 24.88 30.74 23.6 %
Average Shares 6.25 6.25 -
EPS (Riyals) 3.98 4.92 23.6 %

The positive performance was driven by higher sales and profit margins.



Current Quarter Comparison (M)

Compared With The
Item Q4 2021 Q4 2022 Change‬

Shareholders’ equity, no minority interest, increased to SAR 107.08 million as of Dec. 31, 2022, compared to SAR 95.45 million a year earlier.

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.