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  • Income Statement

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    Imran Jan
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    Balqasem Ali Hossain Al Barqi Co. earned a total revenue of SAR 90,728 from three travel companies between September 22nd and December 31st, with a cost of goods sold of SAR 67,300 and total expenses of SAR 2,900. This resulted in a net profit of SAR 20,528, representing 22.63% of net revenue.

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    Balqasem Ali Hossain Al Barqi Co. earned a total revenue of SAR 90,728 from three travel companies between September 22nd and December 31st, with a cost of goods sold of SAR 67,300 and total expenses of SAR 2,900. This resulted in a net profit of SAR 20,528, representing 22.63% of net revenue.

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    © All Rights Reserved
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    7 views1 page

    Income Statement

    Uploaded by

    Imran Jan
    Balqasem Ali Hossain Al Barqi Co. earned a total revenue of SAR 90,728 from three travel companies between September 22nd and December 31st, with a cost of goods sold of SAR 67,300 and total expenses of SAR 2,900. This resulted in a net profit of SAR 20,528, representing 22.63% of net revenue.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Balqasem Ali Hossain Al Barqi Co.

    Income Statement
    For The Period Of 09/22/2022 - 12/31/2022

    Details Amount (SAR)


    Revenue
    Revenue - Hasan Travel & Tours 49,400.00
    Revenue - Aqra Travel 29,228.00
    Revenue - K.M. M. EID 12,100.00
    Net Revenue 90,728.00 100%
    COGS
    Sultan 66,600.00
    Outsourced 700.00
    Net COGS 67,300.00 74.18%
    Gross Profit 23,428.00 25.82%
    Expenses
    Salaries & Wages 2,000.00
    Designing Fee 400.00
    Website Domain & Email 500.00
    Net Expenses 2,900.00 3.20%

    Net Profit 20,528.00 22.63%

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