Americana Restaurants' profits up 27% in 2022 unaudited results

Mubasher: Americana Restaurants International, listed on the Abu Dhabi Securities Exchange (ADX) as well, recorded net profits attributable to the shareholders worth $259.22 million (SAR 972.09 million) in 2022.

The 2022 profits were higher by 27.10% year-on-year (YoY) than $203.91 million (SAR 764.68 million), according to the preliminary income statements.

Furthermore, the company generated revenues worth $2.37 billion (SAR 8.91 billion) in the January-December 2022 period, an annual increase of 15.90% from $2.05 billion (SAR 7.69 billion).

Earnings per share (EPS) jumped to $0.04 (SAR 0.15) in 2022 from $0.03 (SAR 0.12) in 2021. Meanwhile, the total assets enlarged to $1.34 billion (SAR 5.02 billion) from $1.08 billion (SAR 4.07 billion).

Last December, Americana Restaurants began the listing and trading of its shares on the Saudi Exchange (Tadawul) and ADX under the symbol 6015 and AMR, respectively.

Mubasher Contribution Time: 14-Feb-2023 11:01 (GMT)
Mubasher Last Update Time: 14-Feb-2023 11:02 (GMT)