KnowledgeNet Co. posted a net profit of SAR 3.2 million in 2022, from SAR 1.6 million a year before.
Item | 2021 | 2022 | Change |
---|---|---|---|
Revenues | 49.02 | 58.41 | 19.2 % |
Gross Income | 14.88 | 19.64 | 32.0 % |
Operating Income | 2.55 | 1.34 | (47.6 %) |
Net Income | 1.57 | 3.10 | 97.0 % |
Average Shares | 1.50 | 3.50 | - |
EPS (Riyals) | 1.05 | 0.89 | (15.5 %) |
The better results were mainly due to an increase in sales by 19.19% year-on-year (YoY) to SAR 58.42 million in 2022.
Shareholders' equity, after minority interest, reached SAR 46.94 million by the end of 2022, compared to SAR 42.51 million a year before.
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