Riyadh – Mubasher: BinDawood Holding Company logged net profits of SAR 118.03 million in the first half (H1) of 2023, an annual increase of 9.50% from SAR 107.79 million.
The earnings per share (EPS) went up to SAR 0.74 in H1-23 from SAR 0.67 in H1-22, according to the consolidated income statement.
The revenues soared by 16.55% to SAR 2.79 billion during January-June 2023, compared to SAR 2.39 billion.
Income Statement for Q2-23
During the second quarter (Q2) of 2023, BinDawood generated net profits worth SAR 65.82 million which were 55.49% higher than SAR 42.33 million in Q2-22.
The revenues grew by 15.62% year-on-year (YoY) to SAR 1.41 billion during April-June 2023 from SAR 1.22 billion.
On a quarterly basis, the net profits in Q2-23 were 26.10% higher than SAR 52.20 million in Q1-23 and the revenues were 2.20% up from SAR 1.38 billion.
