Care Q1 2021 net profit rises 8% to SAR 35.7 mln

19/05/2021 Argaam Exclusive
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National Medical Care Co. (Care) reported a net profit after Zakat and tax of SAR 35.7 million for the first quarter of 2021, an 8% increase, from SAR 33.2 million in the same period last year.



Current Quarter Comparison (M)

Compared With The
Item Q1 2020 Q1 2021 Change‬
Revenues 195.02 214.19 9.8 %
Gross Income 52.22 63.64 21.9 %
Operating Income 36.28 42.18 16.3 %
Net Income 33.17 35.73 7.7 %
Average Shares 44.85 44.85 -
Earnings Per Share before unusual items (Riyals) 0.74 0.80 7.7 %
EPS (Riyals) 0.74 0.80 7.7 %

The company attributed the profit rise to higher revenue by 10%, and increase in gross profit margin to 3%.

 

This was partially offset by higher general and administrative expenses and Zakat charges.

When compared to the previous quarter, Q1 net profit increased 62.4% due to higher gross profit margin, and lower operating expenses.

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Share Price

168.20
(0.80) (0.47 %)

National Medical Care Co. (CARE)

Created with Highstock 6.0.710:0510:1510:2510:4010:5011:0511:1511:3511:4511:5512:1512:3012:4012:5013:0513:1513:3513:4514:0014:10165165.5166166.5167167.5168168.5169169.5
Close : 168.20 | Mar 13, 14:11

Current
Market Cap (M Riyal) 7,543.77
Enterprise Value (EV) (M) 7,279.15
Shares Outstanding ((M)) 44.85
EPS ( Riyal) (TTM) 6.65
Book Value (BV) ( Riyal) 36.33
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 33.26
P/E (TTM) 25.30
Price/book 4.63
Return on Average Assets (%) (TTM) 12.6
Return on Average Equity (%) (TTM) 15.5

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