Riyadh – Mubasher: Taiba Investments Company turned profitable at SAR 139.57 million in 2022, compared to net losses after Zakat and tax worth SAR 117.29 million a year earlier.
Meanwhile, the revenues amounted to SAR 330.28 million as of 31 December 2022, an annual hike of 155.85% from SAR 129.09 million, according to the financial results.
The earnings per share (EPS) reached SAR 0.87 last year, versus a loss per share of SAR 0.73 in 2021.
In the first nine months (9M) of 2022, the Saudi firm shifted to net profits after Zakat and tax worth SAR 97.63 million, against net losses of SAR 53.17 million in the year-ago period.
