Publisher: Maaal International Media Company
License: 465734
The net profit before zakat of Astra Industrial Group jumped in the second quarter to SR243 million, compared to SR55 million in the same quarter of last year, by 345%.
This came after the announcement on Thursday of the preliminary financial results for the period ending on 30.06.2022 (six months).
The operational profit amounted to SR 91 million in the second quarter, compared to SR 71 million in the same quarter of the last year, up 29%.
The gross profit in the second quarter amounted to SR226 million, compared to SR205 million in the same quarter of the last year, up 10%.
The net profit before zakat in the current period amounted to SR318 million, compared to SR105 million in the same period last year, an increase of 202%.
Profits per share in the current period reached SR 3.97, compared to SR1.32 in the same period last year.
Net profit increases in general due to:
Net profit increases in general due to:
While noting that there is decrease in gross profit in the following sectors:
Net profit increases in general due to:
While noting that there is increase in selling and distribution expenses and general and administrative expenses in all sectors.
Additional Information: