Enma AlRawabi net profit jumps 45% to SAR 31.8 mln in 2022

01/03/2023 Argaam Exclusive

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Share Price

19.96
0.02 0.10 %

Enma AlRawabi Co. (ENMA ALRAWABI)

Enma AlRawabi Co. reported a net profit after Zakat and tax of SAR 31.8 million for 2022, an increase of 45% from SAR 22 million in 2021, as rent revenue rose 23% year-on-year (YoY).



Financials (M)

Item 2021 2022 Change‬
Revenues 38.98 48.13 23.5 %
Gross Income 28.31 37.75 33.3 %
Operating Income 23.21 33.36 43.7 %
Net Income 21.99 31.84 44.8 %
Average Shares 40.00 40.00 -
EPS (Riyals) 0.55 0.80 44.8 %


Shareholders’ equity, no minority interest, amounted to SAR 524.32 million as of Dec. 31, 2022, compared to SAR 492.56 million the previous year.

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