Najran Cement Co. (YCC) reported a net profit after Zakat and tax of SAR 40 million for the first quarter of 2020, compared to a net profit of SAR 6.1 million a year earlier, thanks to higher sales volumes, as well as a decline in the cost of sales and financing charges.
The first quarter net profit after Zakat and tax rose 11.7% when compared to Q4 2019, on higher sales volumes, and lower financing charges.
Item | Q1 2019 | Q1 2020 | Change |
---|---|---|---|
Revenues | 106.50 | 156.38 | 46.8 % |
Gross Income | 22.61 | 56.43 | 149.5 % |
Operating Income | 14.04 | 46.06 | 228.1 % |
Net Income | 6.06 | 40.12 | 562.4 % |
Average Shares | 170.00 | 170.00 | - |
EPS (Riyals) | 0.04 | 0.24 | 562.4 % |
Item | Q4 2019 | Q1 2020 | Change |
---|---|---|---|
Revenues | 136.41 | 156.38 | 14.6 % |
Gross Income | 52.41 | 56.43 | 7.7 % |
Operating Income | 43.71 | 46.06 | 5.4 % |
Net Income | 35.92 | 40.12 | 11.7 % |
Average Shares | 170.00 | 170.00 | - |
EPS (Riyals) | 0.21 | 0.24 | 11.7 % |
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}