Alhasoob Co. reported a net profit of SAR 1.6 million in H1 2024, a rise of 10%, compared to SAR 1.4 million in the prior-year period.
| Item | 6m 2023 | 6m 2024 | Change |
|---|---|---|---|
| Revenues | 105.89 | 123.17 | 16.3 % |
| Net Income | 1.43 | 1.57 | 9.9 % |
| Average Shares | 2.80 | 2.80 | - |
| EPS (Riyals) | 0.51 | 0.56 | 9.9 % |
The profit growth was supported by higher revenues on the launch of the projects department in H1 2024.
Total shareholders’ equity, no minority interest, stood at SAR 38.76 million by the end of H1 2024, compared to SAR 36.98 million in the year-earlier period.
|
Historical Data |
|||
|
Period |
Revenues (SAR mln) |
Net Profit (SAR mln) |
EPS (SAR) |
|
H1 2020 |
120.74 |
4.60 |
1.64 |
|
H2 2020 |
134.63 |
6.43 |
2.30 |
|
H1 2021 |
110.18 |
5.67 |
2.02 |
|
H2 2021 |
146.28 |
6.28 |
2.25 |
|
H1 2022 |
99.12 |
3.42 |
1.22 |
|
H2 2022 |
121.12 |
3.24 |
1.16 |
|
H1 2023 |
105.89 |
1.43 |
0.51 |
|
H2 2023 |
123.92 |
0.31 |
0.11 |
|
H1 2024 |
123.17 |
1.57 |
0.56 |
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