Financial Results : Maharah’s net profit rises 22% in FY2019

Maharah’s net profit rises 22% in FY2019

16/03/2020 Argaam Exclusive

View other reports

Maharah Human Resources Co.'s net profit after Zakat and tax rose 22% year-on-year (YoY) to SAR 272.1 million for the fiscal year 2019.



Financials (M)

Item 2018 2019 Change‬
Revenues 1,351.92 1,512.30 11.9 %
Gross Income 298.38 379.81 27.3 %
Operating Income 228.12 303.93 33.2 %
Net Income 222.25 272.09 22.4 %
Average Shares 475.00 475.00 -
EPS (Riyals) 0.47 0.57 22.4 %

The higher profit was attributed to a 12% rise in revenue and 27% jump in gross profit. General and administrative expenses (G&A), however, rose by SAR 2.7 million

 

In Q4 2019, the company’s net profit after Zakat and tax increased by 40% year-on-year (YoY) to SAR 66 million.



Current Quarter Comparison (M)

Compared With The
Item Q4 2018 Q4 2019 Change‬
Revenues 343.12 385.83 12.4 %
Gross Income 76.13 106.84 40.3 %
Operating Income 54.02 85.20 57.7 %
Net Income 47.30 65.95 39.5 %
Average Shares 475.00 475.00 -
EPS (Riyals) 0.10 0.14 39.5 %

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.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
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.