MIS reports 24% profit jump to SAR 46.5 mln in 9M 2022; Q3 at SAR 25.1 mln

06/11/2022 Argaam Exclusive

Al Moammar Information Systems Co. (MIS) reported a net profit after Zakat and tax of SAR 46.5 million for the first nine months of 2022, leaping 24% from SAR 37.7 million in year-earlier period.

 

The profit growth was mainly due to an increase in revenues and gross profit, which had a positive impact on operational income.



Financials (M)

Item 9m 2021 9m 2022 Change‬
Revenues 463.56 476.43 2.8 %
Gross Income 109.44 129.33 18.2 %
Operating Income 53.56 59.70 11.5 %
Net Income 37.66 46.53 23.6 %
Average Shares 30.00 30.00 -
EPS (Riyals) 1.26 1.55 23.6 %

Q3 2022 net profit after Zakat and tax rose 69.2% year-on-year (YoY) to SAR 25.1 million, driven by positive growth in revenues.

 

On a sequential basis, Q3 2022 net profit surged 48.9% from SAR 16.8 million.



Current Quarter Comparison (M)

Compared With The
Item Q3 2021 Q3 2022 Change‬
Revenues 171.97 198.80 15.6 %
Gross Income 42.19 52.33 24.0 %
Operating Income 20.59 29.30 42.3 %
Net Income 14.83 25.09 69.2 %
Average Shares 30.00 30.00 -
EPS (Riyals) 0.49 0.84 69.2 %

Total shareholders' equity, with no minority interest, reached SAR 321.61 million at the end of first nine months of 2022, compared with SAR 315.53 million a year earlier.

View More Financial Results

 

View other reports

Share Price

Al Moammar Information Systems Co.
186.40
(2.60) (1.38 %)

Al Moammar Information Systems Co. (MIS)

More


Financial Ratios
Current
Market Cap (M Riyal) 5,592.00
Enterprise Value (EV) (M) 6,331.64
Shares Outstanding ((M)) 30.00
Book Value (BV) ( Riyal) 13.90
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) More than 100
Price/book 13.41
Return on Average Assets (%) (TTM) 5.0
Return on Average Equity (%) (TTM) 29.8
more

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request