Riyadh – Mubasher: The net profits after Zakat and tax of Lazurde Company for Jewelry jumped by 34.31% year-on-year (YoY) to SAR 13.70 million in the first quarter (Q1) of 2022 from SAR 10.20 million.

The company's revenues amounted to SAR 614.50 million in Q1-22, up 11.44% from SAR 551.40 million in the year-ago period, according to the company's interim financials.

The earnings per share (EPS) settled at SAR 0.24 in the first three months (3M) of 2022.

It is noteworthy to mention that in 2021, Lazurde Company has posted net profits after Zakat and tax worth SAR 22 million, against net losses of SAR 120.50 million in 2020.