Financial Results : Fitaihi turns to SAR 130 mln profit for Q1 2021

Fitaihi turns to SAR 130 mln profit for Q1 2021

09/05/2021 Argaam Exclusive

View other reports

Fitaihi Holding Group reported net profit after Zakat and tax of SAR 130.1 million for Q1 2021, versus net loss of SAR 2.4 million in year-earlier period, driven by SAR 125.7 million in capital gains from selling a stake in an associate.



Current Quarter Comparison (M)

Compared With The
Item Q1 2020 Q1 2021 Change‬
Revenues 18.02 13.71 (24.0 %)
Gross Income 8.50 6.09 (28.4 %)
Operating Income (3.24) (1.71) 47.2 %
Net Income (2.42) 130.11 5487.4 %
Average Shares 275.00 275.00 -
EPS (Riyals) (0.01) 0.47 5487.4 %

The company also cited lower selling and administrative expenses and decreased Zakat expenses.

The company reported SAR 11.2 million earnings in Q4 2020.

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.