Alujain turns to SAR 7.2 mln net loss in Q1 2023

11/05/2023 Argaam Exclusive

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.

View more financial results

 

View other reports

Share Price

Alujain Corp.
32.30
0.25 0.78 %

Alujain Corp. (ALUJAIN)

More


Financial Ratios
Current
Market Cap (M Riyal) 2,235.16
Enterprise Value (EV) (M) 2,658.07
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 0.62
Return on Average Assets (%) (TTM) (0.01 )
Return on Average Equity (%) (TTM) (0.02 )
more

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

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 {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request