Mohammed Hadi Al Rasheed and Partners Co. posted SAR 36.1 million in net profit for H1 2024, up from SAR 11.8 million reported in the same period a year ago.
Item | 6m 2023 | 6m 2024 | Change |
---|---|---|---|
Revenues | 91.19 | 130.63 | 43.3 % |
Net Income | 11.80 | 36.08 | 205.7 % |
Average Shares | 12.00 | 12.00 | - |
EPS (Riyals) | 0.98 | 3.01 | 205.7 % |
The company attributed the profit growth to a 43.3% increase year-on-year in revenues from main activities to SAR 130.6 million.
Shareholders' equity (no minority interest) amounted to SAR 210.19 million, compared to SAR 149.83 million in H1 2023.
Historical Data |
|||
Period |
Revenue |
Net profit (SAR mln) |
EPS (SAR/share) |
H1 2022 |
69.37 |
8.00 |
0.67 |
H2 2022 |
98.23 |
16.65 |
1.39 |
H1 2023 |
91.19 |
11.80 |
0.98 |
H2 2023 |
124.04 |
32.91 |
2.74 |
H1 2024 |
130.63 |
36.08 |
3.01 |
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