Riyadh – Mubasher: Abdullah Saad Mohammed Abo Moati for Bookstores Company achieved a net profit after Zakat and tax worth SAR 5.33 million during the fiscal year (FY) ended on 31 March 2021, down by 61.5% from SAR 13.87 million in the same period a year ago.

Earnings per share (EPS) stood at SAR 0.27 in the FY ended last March, compared to SAR 0.69 in the FY ended on 31 March 2020, according to a bourse filing on Monday.

Sales also decreased by 22% on an annual basis to SAR 231.18 million at the end of March this year, from SAR 297.07 million in the year-ago period.

Abo Moati noted that EPS “has been adjusted after increasing the company’s capital from SAR 160 million to SAR 200 million by granting free shares based on the decision of the extraordinary general assembly on 08 December 2019.”