Alhasoob H1 2024 profit rises 10% to SAR 1.6M

28/08/2024 Argaam Exclusive

Content Summary:

Loading data...

Comments Analysis:

Positive: 0%
Neutral: 0%
Negative: 0%
Comments Summary:Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original sources for complete details and to verify the accuracy of the information.
0

Alhasoob Co. reported a net profit of SAR 1.6 million in H1 2024, a rise of 10%, compared to SAR 1.4 million in the prior-year period.

The profit growth was supported by higher revenues on the launch of the projects department in H1 2024.



Current Half Annual Comparison (M)

Compared With The
Item H1 2023 H1 2024 Change‬
Revenues 105.89 123.17 16.3 %
Gross Income 6.58 8.47 28.8 %
Operating Income 2.06 2.25 9.3 %
Net Income 1.43 1.57 9.9 %
Average Shares 2.80 2.80 -
Earnings Per Share before unusual items (Riyals) 0.51 0.56 9.9 %
EPS (Riyals) 0.51 0.56 9.9 %

Total shareholders’ equity, no minority interest, stood at SAR 38.76 million by the end of H1 2024, compared to SAR 36.98 million in the year-earlier period.

 

Historical Data

Period

Revenues

(SAR mln)

Net Profit

(SAR mln)

EPS

(SAR)

H1 2020

120.74

4.60

1.64

H2 2020

134.63

6.43

2.30

H1 2021

110.18

5.67

2.02

H2 2021

146.28

6.28

2.25

H1 2022

99.12

3.42

1.22

H2 2022

121.12

3.24

1.16

H1 2023

105.89

1.43

0.51

H2 2023

123.92

0.31

0.11

H1 2024

123.17

1.57

0.56

 

View more financial results

 

View other reports

Share Price

Alhasoob Co.
48.10
(4.50) (8.56 %)

Alhasoob Co. (ALHASOOB)

More


Financial Ratios
Current
Market Cap (M Riyal) 147.28
Enterprise Value (EV) (M) 127.88
Shares Outstanding ((M)) 2.80
Book Value (BV) ( Riyal) 14.69
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 38.96
Price/book 3.58
more

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

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 0

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 © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website