CATRION Q1 2024 profit leaps 25% to SAR 71.2M

30/04/2024 Argaam Exclusive

Catrion Catering Holding Co. (CATRION) reported a 25% increase in Q1 2024 net profit to SAR 71.2 million, from SAR 57.1 million in the year-earlier period.



Current Quarter Comparison (M)

Compared With The
Item Q1 2023 Q1 2024 Change‬
Revenues 521.58 552.81 6.0 %
Gross Income 142.65 152.46 6.9 %
Operating Income 62.28 68.37 9.8 %
Net Income 57.13 71.23 24.7 %
Average Shares 82.00 82.00 -
EPS (Riyals) 0.70 0.87 24.7 %

The profit growth was spurred by a 6% year-on-year (YoY) rise in revenues on flight catering and higher sales.

 

In addition, gross profit amounted to SAR 152.5 million during the three-month period, up 6.9% YoY from SAR 142.6 million.

 

Operating profit reached SAR 71.9 million by the end of Q1 2024, rising 10.4% YoY from SAR 65.2 million.

 

Compared to Q4 2023, the first-quarter net profit rose 2.6% from SAR 69.45 million, mainly due to a 0.7% hike in revenues to SAR 552.8 million and a 7.2% increase in gross profit to SAR 152.5 million.

 

Shareholders’ equity, no minority interest, reached SAR 1.26 billion by March 31, 2024, compared to SAR 1.13 billion in the year-earlier period.

View More Financial Results

 

View other reports

Share Price

CATRION Catering Holding Co.
122.40
3.40 2.86 %

CATRION Catering Holding Co. (CATRION)

More


Financial Ratios
Current
Market Cap (M Riyal) 10,036.80
Enterprise Value (EV) (M) 9,471.72
Shares Outstanding ((M)) 82.00
EPS ( Riyal) (TTM) 3.73
Book Value (BV) ( Riyal) 16.34
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 35.20
P/E (TTM) 32.78
Price/book 7.49
Return on Average Assets (%) (TTM) 13.7
Return on Average Equity (%) (TTM) 24.1
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