Alqemam H1 2023 profit leaps 89% to SAR 1.4 mln

22/08/2023 Argaam Exclusive

View other reports

Share Price

Alqemam for Computer Systems Co.
83.00
0.00 0.00 %

Alqemam for Computer Systems Co. (ALQEMAM)

More

Alqemam for Computer Systems Co. reported a net profit of SAR 1.4 million in H1 2023, up 89% from SAR 747,000 in the prior-year period.



Financials (M)

Item 6m 2022 6m 2023 Change‬
Revenues 7.30 16.09 120.4 %
Gross Income 3.03 10.03 231.2 %
Operating Income 1.26 2.27 79.8 %
Net Income 0.75 1.41 89.0 %
Average Shares 3.00 3.00 -
EPS (Riyals) 0.25 0.47 89.0 %


This was driven by revenue growth due to improved operational efficiency as well as progress in achieving the company's strategy of enhancing its competitiveness.

 

Total shareholders equity, no minority interest, rose to SAR 53.41 million as of June 31, 2023, compared to SAR 39.24 million the previous year.

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.

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.