Raydan turns to losses of SAR 4.8 mln in FY 2019

27/04/2020 Argaam Exclusive

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Raydan Food Co. reported a net loss after Zakat and tax of SAR 4.8 million for the fiscal year 2019, compared to a net profit of SAR 14.7 million a year earlier.

 

The losses were attributed to decline in sales volumes, as well as increase in cost of sales, marketing expenses, and financing costs.



Financials (M)

Item 2018 2019 Change‬
Revenues 233.69 230.48 (1.4 %)
Gross Income 42.28 19.71 (53.4 %)
Operating Income 15.94 (4.66) (129.2 %)
Net Income 14.71 (4.78) (132.5 %)
Average Shares 13.92 13.92 -
Earnings Per Share before unusual items (Riyals) 1.06 (0.34) (132.5 %)
EPS (Riyals) 1.06 (0.34) (132.5 %)

In Q4 2019, the company widened its net loss after Zakat and tax to SAR 10 million, from SAR 3.3 million in the same period last year.



Current Quarter Comparison (M)

Compared With The
Item Q4 2018 Q4 2019 Change‬
Revenues 56.56 51.32 (9.3 %)
Gross Income 7.35 (1.44) (119.6 %)
Operating Income 1.03 (8.46) (921.8 %)
Net Income (3.33) (10.14) (204.7 %)
Average Shares 13.92 13.92 -
Earnings Per Share before unusual items (Riyals) (0.24) (0.73) (204.7 %)
EPS (Riyals) (0.24) (0.73) (204.7 %)

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Share Price

Raydan Food Co.
17.14
0.62 3.75 %

Raydan Food Co. (RAYDAN)

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Financial Ratios
Current
Market Cap (M Riyal) 270.98
Enterprise Value (EV) (M) 273.45
Shares Outstanding ((M)) 15.81
EPS ( Riyal) (TTM) (4.62)
Book Value (BV) ( Riyal) 5.12
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) Neg
P/E (TTM) NEG
Price/book 3.35
Return on Average Assets (%) (TTM) (28.53 )
Return on Average Equity (%) (TTM) (62.21 )
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Comments 3

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5
800

دروب السهر

منذ 8 شهر

اذا حبيتوا تجملون الشركه قلتوا حققت ارباحا قدرها حتى لو كان هبوط كبير في الارباح والعكس صحيح بعض الشركات تقولون انخفاض ارباح الشركه الفلانيه رغم ان الانخفاض طبيعي وقليل !!! 

 

 

2
1
239

حسون

منذ 8 شهر

المفروض الطرح يكون بعد هذا الاعلان  لاعطاء التقييم الحقيقي للشركة وللسهم .. انخفاض كبير بالارباح وهذا  سبب نزول السهم من اليوم الاول للطرح .

3
2
74

محمد سليمان النادر

منذ 8 شهر

انخفاض بالارباح شديد  بنسبة -76%

 نتائج مالية  سيئة 

هل ممكن نشوف السهم يتداول تحت  ال20 ريال

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