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Sure Global Tech Co. announces its Annual Financial Results for the Period Ending on 31/12/2022
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 207,673,435 | 185,433,299 | 11.99 | ||
| Gross Profit (Loss) | 51,413,154 | 41,157,922 | 24.92 | ||
| Operational Profit (Loss) | 26,819,744 | 22,264,978 | 20.46 | ||
| Net Profit (Loss) after Zakat and Tax | 24,076,686 | 18,127,614 | 32.82 | ||
| Total Comprehensive Income | 24,650,443 | 18,212,175 | 35.35 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 96,061,032 | 81,670,089 | 17.62 | ||
| Profit (Loss) per Share | 469 | 356 | |||
| 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 during this year compared to the previous year is due to the increase in revenues by 12%, and the reason for the increase in revenues is mainly due to the following reasons : 1 - The product sector, where the customer base has expanded and new customers have been attracted, which led to obtaining a larger share in the market. 2 - Increased revenues from the infrastructure sector and the professional and digital services sector. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Reclassification of Comparison Items | 0 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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