Financial Results : Shams posts net profit at SAR 7.13m in I2 of 2013

Shams posts net profit at SAR 7.13m in I2 of 2013

30/06/2013 Argaam Exclusive

View other reports

Tourism Enterprise Co., which manages and owns Palm beach resort near Al-Khobar city, reported SAR 7.13m net profit at the end of the first half of 2013, compared to SAR 1.62m in the same period last year, as shown in the following table:



Financials (M)

Item 6m 2012 6m 2013 Change‬
Revenues 8.57 10.39 21.3 %
Gross Income 6.06 6.94 14.6 %
Operating Income 2.04 2.44 19.3 %
Net Income 1.62 7.13 339.3 %
Average Shares 677.40 677.40 -
EPS (Halala) 0.24 1.05 339.3 %


Current Quarter Comparison (M)

Compared With The
Item Q2 2012 Q2 2013 Change‬
Revenues 5.02 5.51 9.6 %
Gross Income 3.64 4.13 13.3 %
Operating Income 1.55 1.74 12.7 %
Net Income 1.27 1.51 19.1 %
Average Shares 677.40 677.40 -
EPS (Halala) 0.19 0.22 19.1 %


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2004 2.53 16.2 % 1.86 27.6 % 0.29 (12.0 %)
Q2 2004 2.04 (11.7 %) 1.34 (23.2 %) 0.05 (90.6 %)
Q3 2004 2.49 (20.9 %) 1.58 (13.8 %) 0.17 (75.9 %)
Q4 2004 3.10 38.5 % (0.98) (199.8 %) (0.08) 94.2 %
Q1 2005 2.05 (18.9 %) 0.61 (66.9 %) 0.13 (55.1 %)
Q2 2005 2.60 27.5 % 2.67 98.4 % (2.01) (4293.8 %)
Q3 2005 2.77 11.3 % 1.72 8.9 % 0.54 214.5 %
Q4 2005 2.11 (32.0 %) 0.84 186.1 % (0.60) (674.0 %)
Q1 2006 1.83 (10.7 %) 1.02 66.0 % (0.43) (439.1 %)
Q2 2006 2.89 11.0 % 2.07 (22.3 %) 0.76 138.0 %
Q3 2006 3.51 26.6 % 2.06 19.5 % 0.54 (0.4 %)
Q4 2006 2.22 5.5 % 0.70 (16.8 %) (1.24) (108.2 %)
Q1 2007 2.74 49.6 % 1.88 84.6 % 0.46 204.8 %
Q2 2007 2.92 1.1 % 1.60 (22.6 %) 0.11 (85.2 %)
Q3 2007 4.07 16.1 % 2.87 39.6 % 0.92 69.4 %
Q4 2007 3.78 70.3 % 2.28 224.9 % 0.18 114.7 %
Q1 2008 3.00 9.7 % 1.60 (15.2 %) (0.15) (133.2 %)
Q2 2008 3.88 32.8 % 2.21 38.1 % 0.32 179.6 %
Q3 2008 3.94 (3.3 %) 1.73 (39.5 %) 0.03 (96.7 %)
Q4 2008 3.86 2.0 % 1.88 (17.7 %) (0.35) (294.5 %)
Q1 2009 4.12 37.2 % 2.28 42.6 % 0.24 259.6 %
Q2 2009 3.85 (0.6 %) 2.18 (1.4 %) 0.07 (77.5 %)
Q3 2009 3.78 (4.1 %) 1.80 3.9 % (0.29) (1060.0 %)
Q4 2009 2.12 (45.1 %) (1.26) (166.9 %) (2.87) (711.6 %)
Q1 2010 2.67 (35.1 %) 1.68 (26.0 %) 0.15 (36.1 %)
Q2 2010 3.78 (1.8 %) 2.71 24.0 % 0.65 808.5 %
Q3 2010 4.97 31.7 % 3.47 92.9 % 1.28 544.8 %
Q4 2010 3.46 63.2 % 2.04 262.4 % (0.02) 99.5 %
Q1 2011 2.71 1.4 % 2.11 25.4 % 0.22 41.6 %
Q2 2011 4.83 27.6 % 3.47 28.1 % 1.18 82.5 %
Q3 2011 5.70 14.7 % 3.83 10.1 % 1.81 41.5 %
Q4 2011 4.37 26.4 % 2.73 33.8 % 0.52 3560.0 %
Q1 2012 3.54 30.7 % 2.42 14.4 % 0.50 128.0 %
Q2 2012 5.02 4.0 % 3.64 5.1 % 1.55 31.4 %
Q3 2012 6.26 9.9 % 4.27 11.5 % 2.22 22.5 %
Q4 2012 5.33 22.1 % 2.81 3.0 % 0.36 (31.2 %)
Q1 2013 4.88 37.8 % 2.82 16.5 % 0.69 39.6 %
Q2 2013 5.51 9.6 % 4.13 13.3 % 1.74 12.7 %


Profit Performance (Million)

Period Net Income Change EPS(Halala) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
Q1 2004 0.22 (23.2 %) 0.03 - 0.22 0.00
Q2 2004 (0.03) (105.8 %) 0.00 - (0.03) 0.00
Q3 2004 0.21 (53.2 %) 0.03 - 0.21 0.00
Q4 2004 (0.21) 93.4 % (0.03) - (0.21) 0.00
Q1 2005 0.06 (72.6 %) 0.01 - 0.06 0.00
Q2 2005 (2.02) (7,665.4 %) (0.30) - (2.02) 0.00
Q3 2005 1.71 725.1 % 0.25 - 1.71 0.00
Q4 2005 (0.79) (277.4 %) (0.12) - (0.79) 0.00
Q1 2006 (1.23) (2184.7 %) (0.18) - (1.23) 0.00
Q2 2006 (2.04) (0.8 %) (0.30) - (2.04) 0.00
Q3 2006 (0.26) (115.1 %) (0.04) - (0.26) 0.00
Q4 2006 (4.88) (522.2 %) (0.72) - (4.88) (0.01)
Q1 2007 0.48 139.0 % 0.07 - 0.48 0.00
Q2 2007 0.14 106.8 % 0.02 - 0.14 0.00
Q3 2007 1.05 507.4 % 0.16 - 1.05 0.00
Q4 2007 0.45 109.2 % 0.07 - 0.45 0.00
Q1 2008 (0.24) (149.0 %) (0.03) - (0.24) 0.00
Q2 2008 0.78 468.1 % 0.12 - 0.78 0.00
Q3 2008 0.90 (14.2 %) 0.13 - 0.90 0.00
Q4 2008 (1.27) (383.5 %) (0.19) - (1.27) 0.00
Q1 2009 0.11 146.8 % 0.02 - 0.11 0.00
Q2 2009 (0.06) (107.3 %) (0.01) - (0.06) 0.00
Q3 2009 (0.43) (148.0 %) (0.06) - (0.43) 0.00
Q4 2009 (3.02) (137.2 %) (0.45) - (3.02) 0.00
Q1 2010 0.04 (64.5 %) 0.01 - 0.04 0.00
Q2 2010 0.51 1001.8 % 0.08 - 0.51 0.00
Q3 2010 1.14 364.0 % 0.17 - 1.14 0.00
Q4 2010 (0.10) 96.6 % (0.02) - (0.10) 0.00
Q1 2011 0.09 120.5 % 0.01 - 0.09 0.00
Q2 2011 1.05 104.1 % 0.15 - 1.05 0.00
Q3 2011 1.85 61.4 % 0.27 - 1.85 0.00
Q4 2011 0.32 411.8 % 0.05 - 0.32 0.00
Q1 2012 0.35 311.6 % 0.05 - 0.35 0.00
Q2 2012 1.27 21.0 % 0.19 - 1.27 0.00
Q3 2012 2.04 10.5 % 0.30 - 2.04 0.00
Q4 2012 0.60 88.7 % 0.09 - 0.60 0.00
Q1 2013 5.62 1487.3 % 0.83 13.06 (7.45) (0.01)
Q2 2013 1.51 19.1 % 0.22 - 1.51 0.00

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2004 62.81 % 37.24 % (20.01 %)
Q2 2004 60.45 % 32.64 % (25.30 %)
Q3 2004 62.00 % 28.56 % (29.62 %)
Q4 2004 37.41 % 36.70 % 1.85 %
Q1 2005 26.42 % 36.75 % 0.33 %
Q2 2005 37.89 % 15.33 % (19.15 %)
Q3 2005 38.20 % 18.75 % (4.37 %)
Q4 2005 61.32 % 15.72 % (10.88 %)
Q1 2006 67.13 % 10.26 % (24.99 %)
Q2 2006 58.93 % 38.15 % (24.42 %)
Q3 2006 57.96 % 35.00 % (41.71 %)
Q4 2006 55.96 % 27.61 % (80.49 %)
Q1 2007 59.09 % 32.78 % (59.00 %)
Q2 2007 54.82 % 27.27 % (39.74 %)
Q3 2007 59.03 % 29.35 % (26.90 %)
Q4 2007 63.89 % 37.46 % 15.67 %
Q1 2008 60.58 % 32.58 % 10.18 %
Q2 2008 60.78 % 31.99 % 13.90 %
Q3 2008 53.58 % 26.29 % 13.01 %
Q4 2008 50.56 % 22.74 % 1.21 %
Q1 2009 51.29 % 23.93 % 3.31 %
Q2 2009 51.18 % 22.81 % (2.02 %)
Q3 2009 52.14 % 21.36 % (10.59 %)
Q4 2009 36.08 % 5.94 % (24.52 %)
Q1 2010 35.52 % 6.56 % (27.94 %)
Q2 2010 39.95 % 11.54 % (23.47 %)
Q3 2010 48.77 % 22.60 % (9.77 %)
Q4 2010 66.54 % 40.26 % 10.71 %
Q1 2011 69.24 % 40.97 % 11.00 %
Q2 2011 69.47 % 41.89 % 13.63 %
Q3 2011 68.55 % 43.30 % 17.24 %
Q4 2011 68.90 % 44.14 % 18.73 %
Q1 2012 67.45 % 43.91 % 19.34 %
Q2 2012 67.69 % 45.92 % 20.31 %
Q3 2012 68.01 % 47.20 % 20.73 %
Q4 2012 65.16 % 44.93 % 21.13 %
Q1 2013 62.96 % 43.22 % (16.46 %)
Q2 2013 63.77 % 43.46 % (14.99 %)


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Halala) Adjusted EPS (Halala) Book Value (BV)
Q1 2004 677.40 (0.30) (0.30) 0.12
Q2 2004 677.40 (0.37) (0.37) 0.12
Q3 2004 677.40 (0.41) (0.41) 0.12
Q4 2004 677.40 0.03 0.03 0.12
Q1 2005 677.40 0.00 0.00 0.12
Q2 2005 677.40 (0.29) (0.29) 0.12
Q3 2005 677.40 (0.07) (0.07) 0.12
Q4 2005 677.40 (0.15) (0.15) 0.12
Q1 2006 677.40 (0.34) (0.34) 0.12
Q2 2006 677.40 (0.35) (0.35) 0.11
Q3 2006 677.40 (0.64) (0.64) 0.11
Q4 2006 677.40 (1.24) (1.24) 0.11
Q1 2007 677.40 (0.99) (0.99) 0.11
Q2 2007 677.40 (0.67) (0.67) 0.11
Q3 2007 677.40 (0.47) (0.47) 0.11
Q4 2007 677.40 0.31 0.31 0.11
Q1 2008 677.40 0.21 0.21 0.11
Q2 2008 677.40 0.30 0.30 0.11
Q3 2008 677.40 0.28 0.28 0.11
Q4 2008 677.40 0.03 0.03 0.11
Q1 2009 677.40 0.08 0.08 0.11
Q2 2009 677.40 (0.05) (0.05) 0.11
Q3 2009 677.40 (0.24) (0.24) 0.11
Q4 2009 677.40 (0.50) (0.50) 0.10
Q1 2010 677.40 (0.51) (0.51) 0.10
Q2 2010 677.40 (0.43) (0.43) 0.10
Q3 2010 677.40 (0.20) (0.20) 0.10
Q4 2010 677.40 0.24 0.24 0.10
Q1 2011 677.40 0.24 0.24 0.10
Q2 2011 677.40 0.32 0.32 0.11
Q3 2011 677.40 0.42 0.42 0.11
Q4 2011 677.40 0.49 0.49 0.11
Q1 2012 677.40 0.53 0.53 0.11
Q2 2012 677.40 0.56 0.56 0.11
Q3 2012 677.40 0.59 0.59 0.11
Q4 2012 677.40 0.63 0.63 0.12
Q1 2013 677.40 1.41 (0.52) 0.12
Q2 2013 677.40 1.44 (0.49) 0.13

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2004 NEG NEG 3.13
Q2 2004 NEG NEG 4.68
Q3 2004 NEG NEG 7.90
Q4 2004 More than 100 More than 100 5.99
Q1 2005 More than 100 More than 100 5.02
Q2 2005 NEG NEG 11.55
Q3 2005 NEG NEG 11.33
Q4 2005 NEG NEG 21.36
Q1 2006 NEG NEG 11.15
Q2 2006 NEG NEG 26.51
Q3 2006 NEG NEG 27.47
Q4 2006 NEG NEG 10.16
Q1 2007 NEG NEG 12.09
Q2 2007 NEG NEG 12.45
Q3 2007 NEG NEG 12.46
Q4 2007 More than 100 More than 100 11.55
Q1 2008 More than 100 More than 100 6.76
Q2 2008 More than 100 More than 100 6.55
Q3 2008 More than 100 More than 100 3.75
Q4 2008 More than 100 More than 100 3.71
Q1 2009 More than 100 More than 100 5.44
Q2 2009 NEG NEG 9.01
Q3 2009 NEG NEG 7.75
Q4 2009 NEG NEG 8.63
Q1 2010 NEG NEG 8.30
Q2 2010 NEG NEG 5.94
Q3 2010 NEG NEG 5.48
Q4 2010 More than 100 More than 100 5.69
Q1 2011 More than 100 More than 100 5.24
Q2 2011 More than 100 More than 100 5.49
Q3 2011 More than 100 More than 100 5.45
Q4 2011 More than 100 More than 100 6.98
Q1 2012 More than 100 More than 100 9.14
Q2 2012 More than 100 More than 100 6.86
Q3 2012 More than 100 More than 100 7.92
Q4 2012 More than 100 More than 100 8.28
Q1 2013 More than 100 NEG 16.02
Q2 2013 More than 100 NEG 21.41


Financial Ratios
Current
Market Cap (M Riyal) 1,098.65
Enterprise Value (EV) (M) 576.16
Shares Outstanding ((M)) 1,156.47
EPS (Halala) (TTM) (3.63)
Book Value (BV) ( Riyal) 0.44
Par Value ( Halala) 50.00
Adjusted P/E (Last12) Neg
P/E (TTM) NEG
Price/book 2.14
Return on Average Assets (%) (TTM) (7.57 )
Return on Average Equity (%) (TTM) (7.84 )
more

Share Price

Tourism Enterprise Co.
0.95
0.00 0.00 %

Tourism Enterprise Co. (TECO)

More

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.