Leen Alkhair 2022 net profit rises 13% to SAR 23.2 mln

30/03/2023 Argaam Exclusive

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Leen Alkhair Trading Co.
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Leen Alkhair Trading Co. (LEEN ALKHAIR)

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Leen Alkhair Trading Co.’s 2022 net profit grew 13% to SAR 23.2 million from SAR 20.5 million a year earlier, driven by higher sales of fruit and vegetables.



Financials (M)

Item 2021 2022 Change‬
Revenues 188.56 228.57 21.2 %
Gross Income 32.91 40.83 24.1 %
Operating Income 22.83 25.17 10.2 %
Net Income 20.46 23.18 13.3 %
Average Shares 7.34 7.34 -
EPS (Riyals) 2.79 3.16 13.3 %

Revenue also increased by 21% YoY to SAR 228.567 million in 2022 on higher sales in the Saudi market. 



Total shareholders’ equity, no minority interest, reached SAR 107.74 million by the end of 2022, compared to SAR 84.31 million a year earlier.

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