Raoom net profit up 24% to SAR 30.7 mln in 2022

02/03/2023 Argaam Exclusive

View other reports

Raoom Trading Co. posted a net profit of SAR 30.7 million in 2022, a 23.6% increase from SAR 24.9 million a year earlier.

Financials (M)

Item	2021	2022	Change‬
Revenues	110.19	135.23	22.7 %
Gross Income	38.00	43.71	15.0 %
Operating Income	27.58	34.14	23.8 %
Net Income	24.88	30.74	23.6 %
Average Shares	6.25	6.25	-
EPS (Riyals)	3.98	4.92	23.6 %

The positive performance was driven by higher sales and profit margins.

Current Half Annual Comparison (M)

Compared With The

Item	H2 2021	H2 2022	Change‬
Revenues	54.47	70.19	28.8 %
Gross Income	15.81	21.72	37.4 %
Operating Income	10.76	16.48	53.2 %
Net Income	9.49	14.50	52.9 %
Average Shares	6.25	6.25	-
EPS (Riyals)	1.52	2.32	52.9 %

Item	H1 2022	H2 2022	Change‬
Revenues	65.04	70.19	7.9 %
Gross Income	21.99	21.72	(1.2 %)
Operating Income	17.66	16.48	(6.7 %)
Net Income	16.24	14.50	(10.7 %)
Average Shares	6.25	6.25	-
EPS (Riyals)	2.60	2.32	(10.7 %)

Shareholders’ equity, no minority interest, increased to SAR 107.08 million as of Dec. 31, 2022, compared to SAR 95.45 million a year earlier.

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.

×