Riyadh – Mubasher: Seera Group Holding has incurred net losses after Zakat and tax worth SAR 378 million in 2021, versus net profits of SAR 11 million in 2020.
The company witnessed a year-on-year (YoY) hike of 46.90% in revenues, recording SAR 1.32 billion in 2021 from SAR 904 million, according to a bourse filing on Monday.
The loss per share stood at SAR 1.25 last year, compared to earnings per share (EPS) of SAR 0.06 in 2020.
During the third quarter (Q3) of 2021, Seera logged net losses after Zakat and tax worth SAR 72 million, an annual drop of 60% from SAR 180 million.
