Riyadh - Mubasher: Obeikan Glass Company logged net profits after Zakat and tax worth SAR 173.68 million in 2021, a surge of 903.93% compared to SAR 17.30 million in 2020.
The company’s revenues increased by 77.26% to SAR 463.24 million in 2021 from SAR 261.33 million in the previous year, according to a bourse disclosure on Monday.
The equity of the company’s shareholders in net profits after deducting minority interest reached SAR 417.81 million last year, compared to SAR 267.73 million in 2020.
The earnings per share (EPS) stood at SAR 7.24 million in 2021, a rise from SAR 0.72 million in 2020.
It is worth noting that Obeikan Glass started the listing and trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) last month.
