Earnings Report /
Saudi Arabia

Yansab: Highest quarterly net income on record

  • Revenues increased 4.0% yoy (+4.6% qoq) to SAR2.06bn and was higher than our estimates of SAR1.97bn

  • Gross profit came in at SAR400mn down 48.2% yoy (-6.8% qoq) but was higher than our estimates of SAR349mn

  • EBIT stood at SAR277mn, down 56.7% yoy (-6.5% qoq) higher than our estimates of SAR224mn

Iyad Khalid Ghulam
Iyad Khalid Ghulam

Head of Equity Research

SNB Capital
26 July 2022
Published bySNB Capital


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