Alujain turns to SAR 7.2 mln net loss in Q1 2023

11/05/2023 Argaam Exclusive
0

Alujain Corp. reported a net loss of SAR 7.2 million in Q1 2023, versus a net profit of SAR 55.8 million a year earlier, driven by 32% lower polypropylene (PP) prices and higher cost of finance. 



Current Quarter Comparison (M)

Compared With The
Item Q1 2022 Q1 2023 Change‬
Revenues 509.37 397.06 (22.0 %)
Gross Income 160.13 43.64 (72.7 %)
Operating Income 89.26 9.50 (89.4 %)
Net Income 55.78 (20.88) (137.4 %)
Average Shares 69.20 69.20 -
Earnings Per Share before unusual items (Riyals) 0.81 (0.30) (137.4 %)
EPS (Riyals) 0.81 (0.30) (137.4 %)

On a quarterly basis, the net loss shrank from SAR 18.19 million in Q4 2022 on a slight increase in selling prices and a reduction in selling, marketing and distribution (logistic) expenses. 

 

Total shareholders’ equity, no minority interest, stood at SAR 2.63 billion as of March 31, 2023, compared to SAR 2.64 billion in a prior-year period.

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Share Price

Alujain Corp.
32.05
(0.10) (0.31 %)

Alujain Corp. (ALUJAIN)

1 Day (0.31 %) 5 Days 329.05 % 3 Months (17.82 %) 6 Months (21.06 %) Year (29.48 %) 2 Years (12.43 %) 5 Years 6.48 % All 329.05 %
Created with Highstock 6.0.710:0510:1010:2010:3510:5011:1011:2511:5012:1012:2512:5013:0513:4014:0014:1014:2014:3514:4514:5515:1531.931.953232.0532.132.1532.232.2532.3
Close : 32.05 | Mar 9, 15:18
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Financial Ratios
Current
Market Cap (M Riyal) 2,217.86
Enterprise Value (EV) (M) 2,640.77
Shares Outstanding ((M)) 69.20
EPS ( Riyal) (TTM) (0.01)
Book Value (BV) ( Riyal) 52.14
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) Neg
P/E (TTM) NEG
Price/book 0.61
Return on Average Assets (%) (TTM) (0.01 )
Return on Average Equity (%) (TTM) (0.02 )
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