Clean Life H1 2024 net profit rises 29% to SAR 6.9M

23/07/2024 Argaam Exclusive

View other reports

Clean Life Co. posted a SAR 6.9 million net profit for H1 2024, a rise of 29% year-on-year from SAR 5.3 million.

Financials (M)

Item	6m 2023	6m 2024	Change‬
Revenues	23.32	30.11	29.1 %
Gross Income	16.80	21.90	30.3 %
Operating Income	5.35	6.46	20.9 %
Net Income	5.33	6.85	28.7 %
Average Shares	1.50	1.50	-
EPS (Riyals)	3.55	4.57	28.7 %

The company achieved revenue of SAR 30.11 million in H1 2024, compared with SAR 23.32 million in the same period last year, while maintaining the net profit margin.

Sales capacity increased as the number of service delivery units grew, as did the operating efficiency of each.

Current Half Annual Comparison (M)

Compared With The

Item	H1 2023	H1 2024	Change‬
Revenues	23.32	30.11	29.1 %
Gross Income	16.80	21.90	30.3 %
Operating Income	5.35	6.46	20.9 %
Net Income	5.33	6.85	28.7 %
Average Shares	1.50	1.50	-
EPS (Riyals)	3.55	4.57	28.7 %

Item	H2 2023	H1 2024	Change‬
Revenues	25.99	30.11	15.9 %
Gross Income	18.90	21.90	15.9 %
Operating Income	3.72	6.46	73.8 %
Net Income	3.88	6.85	76.7 %
Average Shares	1.50	1.50	-
EPS (Riyals)	2.59	4.57	76.7 %

Shareholders' equity (no minority interest) amounted to SAR 24.40 million at the end of H1 2024, compared to SAR 16.85 million in the year-ago period.

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.

×