BCI profit down 6% to SAR 38.6 mln in 2020

30/03/2021 Argaam Exclusive

View other reports

Share Price

31.85
(0.15) (0.47 %)

Basic Chemical Industries Co. (BCI)

Basic Chemicals Industries Co. (BCI) reported a profit of SAR 38.6 million for 2020, a 6% decline, compared to a profit after Zakat and tax of SAR 41.2 million in 2019.

 

The company attributed the profit decline to lower revenue, as well as other operating income.



Financials (M)

Item 2019 2020 Change‬
Revenues 534.56 500.24 (6.4 %)
Gross Income 134.54 131.30 (2.4 %)
Operating Income 64.48 57.37 (11.0 %)
Net Income 41.22 31.53 (23.5 %)
Average Shares 27.50 27.50 -
EPS (Riyals) 1.50 1.15 (23.5 %)

The company’s profit fell 19% year-on-year (YoY) to SAR 8.2 million in Q4 2020.



Current Quarter Comparison (M)

Compared With The
Item Q4 2019 Q4 2020 Change‬
Revenues 132.07 112.99 (14.5 %)
Gross Income 32.19 28.35 (11.9 %)
Operating Income 16.01 6.61 (58.7 %)
Net Income 10.13 1.08 (89.3 %)
Average Shares 27.50 27.50 -
EPS (Riyals) 0.37 0.04 (89.3 %)

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.


Comments {{getCommentCount()}}

Be the first to comment

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