Keir posts 63% profit leap to SAR 6.6 mln in H1 2022

14/09/2022 Argaam Exclusive

View other reports

Keir International Co. posted a rise of 63% in H1 2022 net profit after Zakat and tax to SAR 6.6 million, compared to SAR 4.1 million in the year-earlier period.

Financials (M)

Item	6m 2021	6m 2022	Change‬
Revenues	56.65	63.59	12.3 %
Gross Income	10.13	16.78	65.7 %
Operating Income	5.32	8.52	60.1 %
Net Income	4.06	6.64	63.3 %
Average Shares	100.00	120.00	20.0 %
EPS (Riyals)	0.04	0.06	36.1 %

The higher profit was driven by the company’s business expansion, improved operating efficiency, and revenue growth.

Current Half Annual Comparison (M)

Compared With The

Item	H1 2021	H1 2022	Change‬
Revenues	56.65	63.59	12.3 %
Gross Income	10.13	16.78	65.7 %
Operating Income	5.32	8.52	60.1 %
Net Income	4.06	6.64	63.3 %
Average Shares	100.00	120.00	20.0 %
EPS (Riyals)	0.04	0.06	36.1 %

Item	H2 2021	H1 2022	Change‬
Revenues	112.73	63.59	(43.6 %)
Gross Income	24.09	16.78	(30.4 %)
Operating Income	17.72	8.52	(51.9 %)
Net Income	12.88	6.64	(48.5 %)
Average Shares	120.00	120.00	-
EPS (Riyals)	0.11	0.06	(48.5 %)

Shareholders equity, after minority interest, came in at SAR 232.688 million as of June 30, 2022, up from SAR 154.682 million a year earlier.

View more financial results

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.

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

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.

×