Riyadh – Mubasher: Al Hammadi Company for Development and Investment registered net profits after Zakat and tax worth SAR 75.84 million in the January-June 2021 period, higher by 18.4% than SAR 64.05 million in the same six months last year.
Earnings per share stood at SAR 0.63 in the first half (H1) of 2021, compared to SAR 0.53 in H1-20, according to the financial results on Thursday.
Revenues increased by 21% to SAR 546.2 million in H1-21 from SAR 450.98 million in H1-20.
During the second quarter (Q2) of 2021, Al Hammadi achieved net profits worth SAR 40.3 million, up 3% from SAR 39.1 million in Q2-20. The revenues grew by 9.6% to SAR 267.75 million from SAR 244.29 million.
