Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Research and Media Group jumped by 20.82% to SAR 648.80 million in 2022, compared to SAR 537 million in 2021.
According to the annual financial results, the revenues hit SAR 3.70 billion during January-December 2022, a 21.79% year-on-year (YoY) hike from SAR 3.04 billion.
Earnings per share (EPS) increased to SAR 8.11 last year from SAR 6.71 in 2021.
In the first nine months (9M) of 2022, Saudi Research witnessed 22.46% YoY higher net profits after Zakat and tax at SAR 527.80 million, versus SAR 431 million.
Revenues widened by 27.57% to SAR 2.69 billion in 9M-22 from SAR 2.11 billion in 9M-21, while the EPS climbed to SAR 6.60 from SAR 5.39.
