Enma AlRawabi profits fell to 12.4 mln during H1, down 3.4%

Enma AlRawabi Company announced on Tuesday a decrease in net profit after zakat and tax in the first half to SR12.4 million, compared to SR12.8 million in the same period last year, by 3.4%,
This came after announcing the preliminary financial results for the period ending on 06-30-2022 (six months).
The gross profit amounted to SR14.8 million in the first half, compared to SR14 million in the same period of the previous year, a growth of 3%.
The operational profit amounted to SR12.5 million in the 6-month period, compared to SR12.9 million in the same period last year, a decrease of 3%.
Profits per share in the current period reached SR0.31, compared to SR0.32 in the same period last year.
The increase (decrease) in net profit for the current period compared to the previous period is attributed to calculating zakat for the current period ending on 30-6-2022 with no calculation compared to the same period of the previous year 2021. The existence of zakat differences from previous years so there is a decrease in net profit.