Item | 9m 2023 | 9m 2024 | Change |
---|---|---|---|
Revenues | 2,042.87 | 2,340.66 | 14.6 % |
Gross Income | 848.60 | 1,011.95 | 19.2 % |
Operating Income | 379.84 | 496.65 | 30.8 % |
Net Income | 341.04 | 457.90 | 34.3 % |
Average Shares | 80.00 | 80.00 | - |
EPS (Riyals) | 4.26 | 5.72 | 34.3 % |
The growth was driven by higher sales volumes, increased gross profit, and gains from discontinued operations.
Q3 2024 net profit stood at SAR 139.4 million, an increase of 35% year-on-year (YoY), from SAR 103.4 million a year earlier, on higher sales volumes as well as gross profit.
Item | Q3 2023 | Q3 2024 | Change |
---|---|---|---|
Revenues | 643.21 | 688.53 | 7.0 % |
Gross Income | 259.20 | 324.02 | 25.0 % |
Operating Income | 114.03 | 164.38 | 44.1 % |
Net Income | 103.42 | 139.41 | 34.8 % |
Average Shares | 80.00 | 80.00 | - |
EPS (Riyals) | 1.29 | 1.74 | 34.8 % |
Item | Q2 2024 | Q3 2024 | Change |
---|---|---|---|
Revenues | 819.10 | 688.53 | (15.9 %) |
Gross Income | 338.83 | 324.02 | (4.4 %) |
Operating Income | 163.27 | 164.38 | 0.7 % |
Net Income | 168.75 | 139.41 | (17.4 %) |
Average Shares | 80.00 | 80.00 | - |
EPS (Riyals) | 2.11 | 1.74 | (17.4 %) |
On a sequential basis, net earnings slumped by 17.4%, from SAR 168.7 million.
Total shareholders’ equity (no minority equity) stood at SAR 2.38 billion by Sept. 30, 2024, compared to SAR 1.99 billion a year earlier.
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