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Recently-listed National Fertilizer records 10% higher profits in H1-21

Recently-listed National Fertilizer records 10% higher profits in H1-21
Earnings per share stood at SAR 2.44 in H1-21
MOBI INDUSTRY
9517
58.28% 11.38 4.19

Riyadh – Mubasher: National Fertilizer Company achieved net profits after Zakat and tax worth SAR 12.2 million during the first half (H1) of 2021, an annual increase of 10.4% from SAR 11.05 million in H1-20.

Earnings per share stood at SAR 2.44 in H1-21, compared to SAR 2.21 in H1-20, according to the financial results on Tuesday.

Revenues soared by 5% to SAR 100.98 million in the first six months of 2021 from SAR 96.02 million in the same period a year ago.

National Fertilizer has listed its shares and started trading on the Saudi Exchange’s (Tadawul) Parallel Market (Nomu) a month ago.