Fitaihi Holding turns to profitability in H1-21

Riyadh – Mubasher: Fitaihi Holding Group has recorded net profits after Zakat and tax of SAR 147.112 million in the first six months of 2021, versus net losses of SAR 19.282 million in the corresponding period of 2020.

The company's revenues hiked by 780.7% to SAR 181.17 million in the first half (H1) of 2021, compared to SAR 20.57 million in the same period of the earlier year, according to a bourse filing on Thursday.

The earnings per share (EPS) stood at SAR 2.67 in H1-21, against losses per share of SAR 0.35 in H1-20.

In the second quarter (Q2) of 2021, the company achieved net profits of SAR 17.005 million, against net losses of SAR 16.867 million in the corresponding quarter of 2020.

Mubasher Contribution Time: 12-Aug-2021 13:20 (GMT)
Mubasher Last Update Time: 12-Aug-2021 13:20 (GMT)