Maadaniyah widens losses to SAR 7.1 mln in Q1 2022

24/05/2022 Argaam Exclusive

National Metal Manufacturing and Casting Co. (Maadaniyah) net loss after Zakat and tax widened to SAR 7.14 million in Q1 2022, from SAR 7.08 million a year earlier.



Current Quarter Comparison (M)

Compared With The
Item Q1 2021 Q1 2022 Change‬
Revenues 65.26 77.03 18.0 %
Gross Income 3.62 2.99 (17.5 %)
Operating Income (5.47) (5.69) (4.1 %)
Net Income (7.09) (7.14) (0.7 %)
Average Shares 29.95 35.40 18.2 %
EPS (Riyals) (0.24) (0.20) 14.8 %

The increased losses were attributed to higher production cost, selling and distribution expenses, general and administrative expenses as well as Zakat provision.

 

On a sequential basis, the company narrowed losses from SAR 8.43 million in Q4 2021 on improved sales and lower financing charges.

 

Total shareholders’ equity, excluding minority interest, rose 32% to SAR 344.66 million as of March 31, 2022, from SAR 261.05 million a year ago.

 

The company’s accumulated losses reached SAR 36.51 million as of March 31, 2022, representing 10.31% of its SAR 354 million capital.

View More Financial Results

 

View other reports

Share Price

National Metal Manufacturing and Casting Co.
18.14
(0.10) (0.55 %)

National Metal Manufacturing and Casting Co. (MAADANIYAH)

More


Financial Ratios
Current
Market Cap (M Riyal) 642.16
Enterprise Value (EV) (M) 621.42
Shares Outstanding ((M)) 35.40
EPS ( Riyal) (TTM) (1.08)
Book Value (BV) ( Riyal) 7.49
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) Neg
P/E (TTM) NEG
Price/book 2.42
Return on Average Assets (%) (TTM) (9.14 )
Return on Average Equity (%) (TTM) (13.44 )
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 © 2024, Argaam Investment, All Rights Reserved
Call Request