Riyadh – Mubasher: The net profits after Zakat and tax of Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) jumped by 47.93% to SAR 14.47 million in the first quarter (Q1) of 2022, compared to SAR 9.78 million in the year-ago period.
The company generated revenues of SAR 319.93 million in Q1-22, up 10.97% year-on-year (YoY) from SAR 288.30 million, according to a bourse filing on Monday.
The earnings per share (EPS) settled at SAR 0.23 in the January-March period of 2022, against SAR 0.15 in the same period of 2021.
It is noteworthy to mention that in 2021, Shaker Group's net profits after Zakat and tax jumped by 248.44% to SAR 27.95 million from SAR 8.02 million.
