Al-Jouf Mineral Water Bottling Co. reported a net profit after Zakat and tax of SAR 5.7 million in 2022, an increase of 22% from SAR 4.7 million in the prior-year period.
| Item | 2021 | 2022 | Change |
|---|---|---|---|
| Revenues | 67.63 | 73.98 | 9.4 % |
| Gross Income | 34.24 | 30.59 | (10.7 %) |
| Operating Income | 5.27 | 6.75 | 27.9 % |
| Net Income | 4.70 | 5.74 | 22.0 % |
| Average Shares | 4.69 | 4.69 | 0.0 % |
| EPS (Riyals) | 1.00 | 1.22 | 22.1 % |
This was triggered by a 9.39% year-on-year (YoY) sales growth during the period.
In addition, the company is relying on the retail and homes businesses despite higher cost of raw materials.
Accordingly, sales improved amid lower selling and distribution expenses as well as general and administrative expenses.
Total shareholders’ equity, excluding minority interest, stood at SAR 83.159 million by the end of 2022, compared to SAR 57.951 million in the year-earlier period.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}