Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Industrial Investment Group (SIIG) surged by 1,134.78% to SAR 1.136 billion in 2021 from SAR 92 million in 2020.

The earnings per share (EPS) stood at SAR 2.53 in 2021, against SAR 0.2 in the earlier year, according to a bourse filing on Thursday.

During the fourth quarter (Q4) of 2021, the company's net profits after Zakat and tax retreated by 48.085% year-on-year (YoY) to SAR 122 million from SAR 235 million.

It is noteworthy to mention that in the first nine months (9M) of 2021, SIIG turned to net profits of SAR 1.015 billion, versus net losses of SAR 143 million in the prior-year period.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.