Natural Gas Distribution Co.’s net profit after Zakat and tax dropped 44% to SAR 2.5 million, from SAR 4.4 million, due to an increase in the cost of revenues, general & administrative expenses, and financing costs. In addition, other revenues decreased compared to 2020.
| Item | 2020 | 2021 | Change |
|---|---|---|---|
| Revenues | 89.25 | 89.59 | 0.4 % |
| Gross Income | 9.55 | 8.43 | (11.7 %) |
| Operating Income | 4.69 | 2.85 | (39.3 %) |
| Net Income | 4.42 | 2.48 | (43.9 %) |
| Average Shares | 5.00 | 5.00 | - |
| EPS (Riyals) | 0.88 | 0.50 | (43.9 %) |
Total shareholders' equity (without minority interests) amounted to SAR 56.19 million at the end of 2021, compared to SAR 56.28 million in 2020.
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}}