Raoom Trading Co. — Earnings Release 2022

Mar 2, 2023

Raoom Trading Co. announces its Annual Financial Results for the Period Ending on 2022-12-31

4144 · 02/03/2023 15:53:13 · Announcement #72232 · View on Saudi Exchange

Raoom Trading Co. announces its Annual Financial Results for the Period Ending on 2022-12-31

Element List	Current Year	Previous Year	%Change
Sales/Revenue	135,229,032	110,191,981	22.72
Gross Profit (Loss)	43,708,463	37,995,522	15.04
Operational Profit (Loss)	34,141,220	27,577,308	23.8
Net Profit (Loss) after Zakat and Tax	30,743,382	24,882,353	23.55
Total Comprehensive Income	30,382,941	25,275,274	20.21
Total Share Holders Equity (after Deducting Minority Equity)	107,087,731	95,454,790	12.19
Profit (Loss) per Share	4.92	3.98
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
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 current year 2022 AD compared to the previous year 2021 AD is mainly due to the increase in sales volume and the increase in profit margins
Statement of the type of external auditor's report	Unmodified opinion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion	nothing
Reclassification of Comparison Items	Some of the comparative figures for the previous year have been reclassified, in order to be in line with the presentation of figures for the current year, and these reclassifications do not have any effects on equity or net profit for the previous year.

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