IssuerAnnouncementDetailsV2Portlet
Actions
Knowledge Net Co. announces its Annual Financial Results for the Period Ending on 2022-12-31
9561
KNOWLEDGENET
0.00
%
1444/09/08 30/03/2023 17:17:55
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 58,423,872 | 49,014,525 | 19.2 | ||
| Gross Profit (Loss) | 19,856,253 | 14,877,401 | 33.47 | ||
| Operational Profit (Loss) | 3,915,206 | 2,747,521 | 42.5 | ||
| Net Profit (Loss) after Zakat and Tax | 2,792,735 | 1,564,923 | 78.46 | ||
| Total Comprehensive Income | 2,532,930 | 3,671,041 | -31 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 46,135,450 | 42,552,520 | 8.42 | ||
| Profit (Loss) per Share | 0.92 | 0.82 | |||
| 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 net profit sharply increased by 78.458% in 2022, compared to 2021. This is due to the increase in the company’s sales by 19.19% in 2022 compared to 2021, as the company’s sales amounted to 58,423,872 Saudi Riyals in 2022 compared to 49,014,525 Saudi Riyals in 2021. The significant increase in net profit over that achieved in sales is due to the nature of the company's products characterized by low marginal cost, which is represented in the decrease of the cost of sales to 66% in 2022 compared to 69.6% in year 2021, |
| 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 | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | N/A |
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.
Share
Company Performance
KNOWLEDGENET
Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price 9.49
Net Change 0.0 (0.0%)
Value Traded (Sar) 173.48
Volume Traded 17
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions