SHAMS 2013 Net Profit Increases 133.84 Percent

08/01/2014 09:55 AST

The Estimated net profit of Tourism Enterprise Co. (SHAMS) during the 4th Q 2013 amounted to SAR 678,703 versus SAR 586,223 for the same quarter of last year with an increase of 15.78 %, compared to SAR 2.12 million for the previous quarter with a decrease of 68.01 %.

Estimated gross profit during the 4th Q of 2013 added up to SAR 3.22 million versus SAR 2.81 million for the same quarter of last year, an increase of 14.51 percent.

Estimated operating profit increased 15% to SAR 390,273 during 4thQuarter of 2013 versus SAR 339,355 million for the same quarter of last year.

While, estimated net profit during 2013 showed a remarkable increase of 133.84 percent with SAR 9.93 million versus SAR 4.25 million for the last year 2012.

EPS of Tourism Enterprise Company during 2013 recorded as SAR 0.98 per share versus 0.42 SAR/Share for the same period last year 2012.

The estimated total gross profit during 2013 is recorded as SAR 14.82 million versus SAR 13.14 million for the last year 2012, showing an increase of 12.8 %.

The estimated total operating profit of Tourism Enterprise Company during 2013 amounted to SAR 5.13 million versus SAR 4.60 million for the last year 2012, an increase of 11.6 %.

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