Financial Results : Tihama widens loss to SAR 74.7 mln for FY2020/21

Tihama widens loss to SAR 74.7 mln for FY2020/21

30/06/2021 Argaam Exclusive

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Tihama Advertising and Public Relations Co. widened net loss after Zakat and tax to SAR 74.7 million for the fiscal year ended March 31, 2021, compared to net loss of SAR 25.6 million in year-earlier period. 

 

The losses were driven by lower gross profit of business segments and a decline in the company’s revenue due to the COVID-19 outbreak. 

  

The company also cited higher expenses related to the capital increase and lower profit share from associates. 

 

In Q4 2020/21, net losses stood at SAR 43 million.  

 

Accumulated losses reached SAR 115.96 million, or 66.3% of capital as of March 31, 2021. 



Financials (M)

Item 2019 2020 Change‬
Revenues 96.81 73.25 (24.3 %)
Gross Income 30.20 10.63 (64.8 %)
Operating Income (36.15) (55.35) (53.1 %)
Net Income (25.59) (72.18) (182.0 %)
Average Shares 17.01 18.90 11.1 %
Earnings Per Share before unusual items (Riyals) (1.96) (3.44) (75.8 %)
EPS (Riyals) (1.51) (3.82) (153.7 %)


Current Quarter Comparison (M)

Compared With The
Item Q4 2019 Q4 2020 Change‬
Revenues 24.48 17.95 (26.7 %)
Gross Income 5.12 (0.03) (100.6 %)
Operating Income (20.40) (25.32) (24.1 %)
Net Income (12.69) (40.51) (219.3 %)
Average Shares 17.01 18.90 11.1 %
Earnings Per Share before unusual items (Riyals) (0.86) (1.72) (100.3 %)
EPS (Riyals) (0.75) (2.14) (187.3 %)

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Comments 5

1
1
177

malmeshari

منذ 4 سنه

أرباح تشغيلية رائعة جدا. والموجودات راح تزيد مع امتلاك الأرض والقادم أفضل.

تحول شركة الجوف الى صناعية قرار استراتيجي ممتاز

2
13
1282

أبو حمد المسعري

منذ 4 سنه

السهم ارتفع سعريا من 17 الي 32 تقريبا الضعف في اقل من 5 شهور !!

 

3
2
776

vip22

منذ 4 سنه

شركة محترمة 

4
0
95

صالح1

منذ 4 سنه

مع ارتفاع الأصول نتيجة تملك الأرض وهذه الأرباح الرائعه فالطريق مهيأ لقمة جديده وخاصه اذا أعلنت الشركه الأثر المالي للأراضي وارتفاع القيمة الدفتريه 

بالتوفيق لملاك الشركه وفالكم البيرق. 

5
19
435

رَوْنَق

منذ 4 سنه

أتمنى أن " تتخلص" شركة الجوف الزراعية من قرض الصندوق الصناعي في أقرب وقت

 

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