Maharah Human Resources posts 7% profit rise in FY2018

19/06/2019 Argaam Exclusive

View other reports

Share Price

Maharah Human Resources Co. (MAHARAH)

Maharah Human Resources Co.'s net profit rose 7 percent year-on-year (YoY) to SAR 222.3 million for fiscal year 2018.

 

The higher profit was attributed to a 15 percent rise in revenue. Gross profit and operating income also jumped 11 percent and 5 percent, respectively despite a decline in other income and zakat charges.

 

The annual results implied reversal of accrued salaries worth SAR 8.3 million.



Financials (M)

Item 2017 2018 Change‬
Revenues 1,167.95 1,351.92 15.8 %
Gross Income 303.18 298.38 (1.6 %)
Operating Income 199.90 228.12 14.1 %
Net Income 208.08 222.25 6.8 %
Average Shares 475.00 475.00 -
EPS (Riyals) 0.44 0.47 6.8 %

Q4 2018 net profit dropped 25 percent YoY to SAR 47.3 million.



Current Quarter Comparison (M)

Compared With The
Item Q4 2017 Q4 2018 Change‬
Revenues 300.87 343.12 14.0 %
Gross Income 85.38 76.13 (10.8 %)
Operating Income 46.36 54.02 16.5 %
Net Income 63.26 47.30 (25.2 %)
Average Shares 475.00 475.00 -
EPS (Riyals) 0.13 0.10 (25.2 %)


Financial results (Million)

Period Revenues Change Gross Income Change Net Income Change EPS(Riyal)
Q1 2009 - - - - - - -
Q2 2009 - - - - - - -
Q3 2009 - - - - - - -
Q4 2009 - - - - - - -
Q1 2010 - - - - - - -
Q2 2010 - - - - - - -
Q3 2010 - - - - - - -
Q4 2010 - - - - - - -
Q1 2011 - - - - - - -
Q2 2011 - - - - - - -
Q3 2011 - - - - - - -
Q4 2011 - - - - - - -
Q1 2012 - - - - - - -
Q2 2012 - - - - - - -
Q3 2012 - - - - - - -
Q4 2012 - - - - - - -
Q1 2013 - - - - - - -
Q2 2013 - - - - - - -
Q3 2013 - - - - - - -
Q4 2013 - - - - - - -
Q1 2014 - - - - - - -
Q2 2014 - - - - - - -
Q3 2014 - - - - - - -
Q4 2014 - - - - - - -
Q1 2015 - - - - - - -
Q2 2015 - - - - - - -
Q3 2015 - - - - - - -
Q4 2015 - - - - - - -
Q1 2016 - - - - - - -
Q2 2016 - - - - - - -
Q3 2016 - - - - - - -
Q4 2016 - - - - - - -
Q1 2017 - - - - - - -
Q2 2017 - - - - - - -
Q3 2017 - - - - - - -
Q4 2017 300.87 - 85.38 - 63.26 - 0.13
Q1 2018 327.38 - 62.73 - 48.02 - 0.10
Q2 2018 337.52 - 77.03 - 57.59 - 0.12
Q3 2018 343.90 - 82.49 - 69.35 - 0.15
Q4 2018 343.12 14.0 % 76.13 (10.8 %) 47.30 (25.2 %) 0.10
2018 1,351.92 15.8 % 298.38 (1.6 %) 222.25 6.8 % 0.47

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2009 - - -
Q2 2009 - - -
Q3 2009 - - -
Q4 2009 - - -
Q1 2010 - - -
Q2 2010 - - -
Q3 2010 - - -
Q4 2010 - - -
Q1 2011 - - -
Q2 2011 - - -
Q3 2011 - - -
Q4 2011 - - -
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 - - -
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 - - -
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 23.49 % 17.47 % 17.99 %
Q4 2018 22.07 % 17.76 % 16.44 %
2018 22.07 % 17.76 % 16.44 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
Q1 2009 - - - -
Q2 2009 - - - -
Q3 2009 - - - -
Q4 2009 - - - -
Q1 2010 - - - -
Q2 2010 - - - -
Q3 2010 - - - -
Q4 2010 - - - -
Q1 2011 - - - -
Q2 2011 - - - -
Q3 2011 - - - -
Q4 2011 - - - -
Q1 2012 - - - -
Q2 2012 - - - -
Q3 2012 - - - -
Q4 2012 - - - -
Q1 2013 - - - -
Q2 2013 - - - -
Q3 2013 - - - -
Q4 2013 - - - -
Q1 2014 - - - -
Q2 2014 - - - -
Q3 2014 - - - -
Q4 2014 - - - -
Q1 2015 - - - -
Q2 2015 - - - -
Q3 2015 - - - -
Q4 2015 - - - -
Q1 2016 - - - -
Q2 2016 - - - -
Q3 2016 - - - -
Q4 2016 - - - -
Q1 2017 - - - -
Q2 2017 - - - -
Q3 2017 - - - -
Q4 2017 475.00 - - 0.56
Q1 2018 475.00 - - -
Q2 2018 475.00 - - -
Q3 2018 475.00 0.50 0.50 0.93
Q4 2018 475.00 0.47 0.47 0.91

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2009 - - -
Q2 2009 - - -
Q3 2009 - - -
Q4 2009 - - -
Q1 2010 - - -
Q2 2010 - - -
Q3 2010 - - -
Q4 2010 - - -
Q1 2011 - - -
Q2 2011 - - -
Q3 2011 - - -
Q4 2011 - - -
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 - - -
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 - - -
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -

Business Segments (Million)

Compared With The
Period Corporate Individuals
Q4 2017 215.85 85.02
Q1 2018 230.97 96.41
Q2 2018 240.47 97.05
Q3 2018 245.31 98.60
Q4 2018 243.87 99.26

Current
Market Cap (M Riyal) 3,116.00
Enterprise Value (EV) (M) 3,564.92
Shares Outstanding ((M)) 475.00
EPS ( Riyal) (TTM) 0.26
Book Value (BV) ( Riyal) 1.23
Par Value ( Riyal) 1.00
Adjusted P/E (Last12) 25.29
P/E (TTM) 25.29
Price/book 5.35
Return on Average Assets (%) (TTM) 7.1
Return on Average Equity (%) (TTM) 21.0

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.