Earnings Report /
Saudi Arabia

Extra: Strong results driven by higher sales and margins

  • Extra’s revenue increased by 12% yoy (+3.3% qoq) to SAR1.4bn

  • Gross margins expanded by 225bps yoy to 20.7% vs our estimates of 21.2%

  • Net non-operating expenses increased by 13.1% yoy to SAR13.2mn

SNB Capital
14 October 2021
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