Raoom H1 2021 profit declines 4% to SAR 15.4 mln

13/01/2022 Argaam

Logo of Raoom Trading Co.


Raoom Trading Co. posted a net profit of SAR 15.4 million for H1 2021, a decline of 4% compared with SAR 16.1 million a year earlier.

 

Income Statement

Period

H1 2020

H1 2021

Deviation

Revenue (SAR mln)

55.7

55.7

--

Net Profit (SAR mln)

16.1

15.4

-3%

Average Number of Shares (mln)

5

5

--

EPS (SAR/Share)

3.2

3.1

-3%

 

The profit decline is attributed to a 19% rise year-on-year (YoY) in general and administrative expenses.

 

The firm reported a net profit of SAR 26.1 million for 2020, compared with SAR 17.1 million in 2019.

 

Income Statement

Period

2019

2020

Deviation

Revenue (SAR mln)

96.7

108.9

+13%

Net Profit (SAR mln)

17.1

26.1

+53%

Average Number of Shares (mln)

5

5

--

EPS (SAR/Share)

3.4

5.2

+53%

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