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Astra Industrial's net profits grow 75% in 2021

Astra Industrial's net profits grow 75% in 2021
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Riyadh – Mubasher: Astra Industrial Group achieved net profits after Zakat and tax worth SAR 202.36 million in 2021, a surge of 75.29% compared to SAR 115.44 million a year earlier.

The revenues grew by 14.63 % year-on-year (YoY) to SAR 2.34 billion in 2021 from SAR 2.04 billion, according to a bourse filing.

The company's earnings per share (EPS) settled at SAR 2.53 last year, against SAR 1.44 in 2020.

It is worth noting that in the third quarter (Q3) 2021, the company's net profit stood at SAR 45.37 million, a leap of 136% compared to SAR 19.20 million in Q3-20.