iOud profit rises 31% to SAR 4.9M in 2023

31/03/2024 Argaam Exclusive
1

Intelligent Oud Co. (iOud) reported an increase of 31% in its 2023 net profit to SAR 4.9 million, from SAR 3.7 million in the prior-year period.



Financials (M)

Item 2022 2023 Change‬
Revenues 23.09 25.20 9.1 %
Gross Income 14.45 17.87 23.7 %
Operating Income 5.05 7.74 53.2 %
Net Income 3.72 5.28 41.7 %
Average Shares 1.56 1.95 25.0 %
Earnings Per Share before unusual items 2.39 2.71 13.4 %
EPS (Riyals) 2.39 2.71 13.4 %


Current Half Annual Comparison (M)

Compared With The
Item H2 2022 H2 2023 Change‬
Revenues 15.96 17.31 8.4 %
Gross Income 9.55 11.78 23.3 %
Operating Income 4.17 6.03 44.7 %
Net Income 3.41 4.56 33.7 %
Average Shares 1.56 1.95 25.0 %
Earnings Per Share before unusual items 2.18 2.34 6.9 %
EPS (Riyals) 2.18 2.34 6.9 %

The profit growth was spurred by better sales from the introduction of new offerings, higher selling rates, and the acquisition of new customers.

 

The company also reported lower raw material costs. 

 

Shareholders’ equity, no minority interest, stood at SAR 40.56 million as of Dec. 31, 2023, up from SAR 22.01million a year earlier.

View more financial results

 

View other reports

Share Price

Intelligent Oud Company for Trading
55.00
0.00 0.00 %

Intelligent Oud Company for Trading (IOUD)

1 Day 3.66 % 5 Days 3.19 % 3 Months 1.85 % 6 Months 57.59 % Year 25.30 % 2 Years 3.66 % 5 Years 3.66 % All 3.66 %
Created with Highstock 6.0.711:1013:0013:1013:3013:3513:4013:5013:5514:1014:1514:2514:5516.0516.116.1516.216.2516.316.3516.416.4516.516.55
Close : 16.44 | Mar 26, 14:55
More


Kindly, you can view the full report by subscribing to the Advanced Package

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments 1

1
16
1954

المحسن

منذ 4 شهر

من يصدق انها هي وبوبا نفس النشاط 

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website