| Item | 2022 | 2023 | Change |
|---|---|---|---|
| Revenues | 1,438.65 | 1,543.17 | 7.3 % |
| Gross Income | 155.80 | 350.56 | 125.0 % |
| Operating Income | 133.04 | 324.01 | 143.6 % |
| Net Income | 99.92 | 267.51 | 167.7 % |
| Average Shares | 31.50 | 31.50 | - |
| EPS (Riyals) | 3.17 | 8.49 | 167.7 % |
The profit rise was attributed to higher revenues, driven primarily by an increase in the average selling price per ton and a decrease in production costs per ton.
Meanwhile, the net profit soared to SAR 179.6 million in Q4 2023/24, compared to SAR 39.94 million in the same period a year earlier.
Sequentially, net profit jumped 109.5% from SAR 85.72 million in Q3 2023/24.
| Item | Q4 2022 | Q4 2023 | Change |
|---|---|---|---|
| Revenues | 442.29 | 721.75 | 63.2 % |
| Gross Income | 55.03 | 212.82 | 286.7 % |
| Operating Income | 46.37 | 205.41 | 343.0 % |
| Net Income | 36.94 | 179.56 | 386.1 % |
| Average Shares | 31.50 | 31.50 | - |
| EPS (Riyals) | 1.17 | 5.70 | 386.1 % |
| Item | Q3 2023 | Q4 2023 | Change |
|---|---|---|---|
| Revenues | 552.30 | 721.75 | 30.7 % |
| Gross Income | 110.95 | 212.82 | 91.8 % |
| Operating Income | 103.76 | 205.41 | 98.0 % |
| Net Income | 85.72 | 179.56 | 109.5 % |
| Average Shares | 31.50 | 31.50 | - |
| EPS (Riyals) | 2.72 | 5.70 | 109.5 % |
Shareholders’ equity, no minority interest, rose to SAR 851.91 million as of March 31, 2024, from SAR 615.44 million a year earlier.
Attached Document:
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