Waja Co. announces its Annual Financial results for the period ending on 2023-12-31
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 134,647,620 | 99,176,171 | 35.77 | ||
| Gross Profit (Loss) | 34,435,320 | 26,023,054 | 32.33 | ||
| Operational Profit (Loss) | 26,823,211 | 20,262,928 | 32.38 | ||
| Net profit (Loss) | 22,862,043 | 18,260,763 | 25.2 | ||
| Total Comprehensive Income | 22,953,248 | 19,701,424 | 16.5 | ||
| Total Share Holders Equity (After Deducting the Minority Equity) | 95,247,006 | 72,293,758 | 31.75 | ||
| Profit (Loss) per Share | 0.32 | 0.26 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The company’s total revenues increased by 34,471,449 Saudi riyals compared to In the previous year, it increased by 35.77% as a result of the increase in contracts and projects that the company signed. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason for the increase in net profit for the year 2023 compared to the previous year, 2022, is mainly due to revenue growth. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | None |
| Reclassification of Comparison Items | None |
| Additional Information | the earnings per share were calculated in the current period based on the number of shares adjusted after the divide.
Profit per share for the year 2023 is based on 70,000,000 shares compared to calculating earnings per share for the year 2022 on the basis of 3,500,000 shares as a result of splitting the nominal value of the share from 10 Saudi riyals per share to 1 Saudi riyal per share by decision of the extraordinary general assembly held on June 19, 2023. |
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