WAJA’s 2022 profit falls 9% to SAR 17.5 mln

30/03/2023 Argaam Exclusive

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Share Price

Waja Co.
6.37
0.00 0.00 %

Waja Co. (WAJA)

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WAJA Co. reported a 9% drop in 2022 net profit to SAR 17.5 million, from SAR 19.3 million in 2021 on higher cost of revenue and Zakat provisions.



Financials (M)

Item 2021 2022 Change‬
Revenues 79.03 99.18 25.5 %
Gross Income 23.16 26.02 12.4 %
Operating Income 16.90 20.26 19.9 %
Net Income 17.36 18.26 5.2 %
Average Shares 70.00 70.00 -
EPS (Halala) 24.80 26.09 5.2 %


Shareholders’ equity, no minority interest, increased to SAR 73.44 million as of Dec. 31, 2022, from SAR 54.52 million a year earlier.

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