Riyadh – Mubasher: Astra Industrial Group achieved a net profit after Zakat and tax worth SAR 105.2 million in the first half (H1) of 2021, a surge of 80% from SAR 58.31 million in H1-20.
Earnings per share amounted to SAR 1.32 in H1-21, compared to SAR 0.73 in H1-20, according to a bourse filing on Monday.
Revenues increased by 19% to SAR 1.13 billion in H1-21 from SAR 951.02 million in H1-20.
In the second quarter (Q2) of 2021, Astra Industrial recorded an annual jump of 125.4% in net profits to SAR 54.59 million from SAR 24.22 million in Q2-20.
Revenues soared by 21.6% to SAR 536.98 million in Q2-21 from SAR 441.51 million in Q2-20.
On a quarterly basis, the net profits in Q2-21 were 7.8% higher than SAR 50.6 million in Q1-21, while the revenues decreased by 10% from SAR 599.28 million.