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Earnings per share stood at SAR 1.52 in H1-21, against a loss per share of SAR 0.63 in H1-20, according to the financial results on Wednesday.
Revenues increased by 37.9% to SAR 11.55 billion in H1-21 from SAR 8.37 billion in H1-20.
As for the second quarter (Q2) of 2021, Ma’aden also turned profitable at SAR 1.1 billion, versus net losses of SAR 434.14 million in Q2-20.
Revenues surged by 51.9% to SAR 6.1 billion in Q2-21 from SAR 4.01 billion in Q2-20.
On a quarterly basis, the net profits in Q2-21 were 45% higher than SAR 761.15 million in Q1-21, and the revenues grew by 11.9% from SAR 5.44 billion.
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