Fawaz Abdulaziz Alhokair Co. (Cenomi Retail) posted a net profit of SAR 94.6 million for the short fiscal year from April 1 to December 2022, a rise of 15% from SAR 82.6 million a year earlier.
Item | 2021 | 2022 | Change |
---|---|---|---|
Revenues | 5,915.10 | 5,525.34 | (6.6 %) |
Gross Income | 990.80 | 845.27 | (14.7 %) |
Operating Income | 321.15 | 292.90 | (8.8 %) |
Net Income | 44.69 | 39.39 | (11.9 %) |
Average Shares | 114.77 | 114.77 | - |
Earnings Per Share before unusual items | 0.59 | 0.75 | 27.1 % |
EPS (Riyals) | 0.39 | 0.34 | (11.9 %) |
Revenue was relatively unchanged at SAR 4.54 million in 2022, with the international portfolio exhibiting an improvement of 13.4% year-on-year (YoY). Meanwhile, retail revenues from Saudi Arabia declined by 2.2% YoY, and the food and beverages segment recorded a decline of 4.5% YoY.
Gross profit fell 12.3% YoY to SAR 709.6 million. Selling, general and administrative expenses decreased 19.7% YoY to SAR 326.2 million.
Item | Q4 2021 | Q4 2022 | Change |
---|---|---|---|
Average Shares | 114.77 | 114.77 | - |
Item | Q3 2022 | Q4 2022 | Change |
---|---|---|---|
Revenues | 1,372.88 | 1,060.10 | (22.8 %) |
Gross Income | 182.23 | 241.64 | 32.6 % |
Operating Income | 31.01 | 132.97 | 328.8 % |
Net Income | 19.83 | 17.52 | (11.7 %) |
Average Shares | 114.77 | 114.77 | - |
Earnings Per Share before unusual items | 0.22 | (0.02) | (111.2 %) |
EPS (Riyals) | 0.17 | 0.15 | (11.7 %) |
Total shareholders’ equity, after minority interest, reached SAR 281.3 million by the end of 2022, compared to SAR 550.1 million a year earlier.
Kindly,
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