Batic Investments suffers SAR 10m losses in 2021

Riyadh – Mubasher: Batic Investments and Logistics Company has incurred net losses after Zakat and tax at a value of SAR 9.64 million in 2021, an annual decrease of 16.95% from SAR 11.61 million.

Revenues stood at SAR 474.82 million in 2021, down 8.14% from SAR 516.92 million in 2020, according to a bourse disclosure.

The loss per share inched down to SAR 0.32 in 2021 from SAR 0.39 in 2020.  

In the first half (H1) of 2021, Batic Investments posted net profits after Zakat and tax worth SAR 90,712, against losses of SAR 10.31 million in the same period a year earlier.

Mubasher Contribution Time: 27-Mar-2022 11:30 (GMT)
Mubasher Last Update Time: 27-Mar-2022 11:30 (GMT)