Rawasi Albina Investment Co. reported a net loss of SAR 9.5 million in the first half of 2024, against a net profit of SAR 15.1 in the same period a year earlier.
Item | 6m 2023 | 6m 2024 | Change |
---|---|---|---|
Revenues | 94.20 | 38.09 | (59.6 %) |
Net Income | 15.13 | (9.48) | (162.7 %) |
Average Shares | 55.00 | 55.00 | - |
EPS (Riyals) | 0.28 | (0.17) | (162.7 %) |
The losses came on the back of increased spending to raise operational capacity in preparation for new projects.
In addition, a number of projects were completed and delivered during the first half of 2024.
The company received new projects in H1 2024, the financial impact of which is expected in later periods.
Shareholders’ equity, no minority interest, reached SAR 128 million as of June 30, 2024, down from SAR 130 million a year earlier.
Historical Data |
|||
Period |
Revenue (SAR mln) |
Net Profit (SAR mln) |
EPS (SAR) |
H1 2021 |
45.45 |
10.08 |
0.18 |
H2 2021 |
50.08 |
7.41 |
0.14 |
H1 2022 |
55.39 |
9.47 |
0.17 |
H2 2022 |
79.83 |
11.43 |
0.21 |
H1 2023 |
94.20 |
15.13 |
0.28 |
H2 2023 |
70.04 |
7.56 |
0.14 |
H1 2024 |
38.09 |
(9.48) |
(0.18) |
Period | Revenues | Change | Gross Income | Change | Operating Income | Change |
---|---|---|---|---|---|---|
Q1 2015 | - | - | - | - | - | - |
Q2 2015 | - | - | - | - | - | - |
Q3 2015 | - | - | - | - | - | - |
Q4 2015 | - | - | - | - | - | - |
2015 | - | - | - | - | - | - |
Q1 2016 | - | - | - | - | - | - |
Q2 2016 | - | - | - | - | - | - |
Q3 2016 | - | - | - | - | - | - |
Q4 2016 | - | - | - | - | - | - |
2016 | - | - | - | - | - | - |
Q1 2017 | - | - | - | - | - | - |
Q2 2017 | - | - | - | - | - | - |
Q3 2017 | - | - | - | - | - | - |
Q4 2017 | - | - | - | - | - | - |
2017 | - | - | - | - | - | - |
Q1 2018 | - | - | - | - | - | - |
Q2 2018 | - | - | - | - | - | - |
Q3 2018 | - | - | - | - | - | - |
Q4 2018 | - | - | - | - | - | - |
2018 | - | - | - | - | - | - |
Q1 2019 | - | - | - | - | - | - |
Q2 2019 | - | - | - | - | - | - |
Q3 2019 | - | - | - | - | - | - |
Q4 2019 | - | - | - | - | - | - |
2019 | 84.30 | - | 27.21 | - | 23.81 | - |
Q1 2020 | - | - | - | - | - | - |
Q2 2020 | - | - | - | - | - | - |
Q3 2020 | - | - | - | - | - | - |
Q4 2020 | - | - | - | - | - | - |
2020 | 91.42 | 8.4 % | 28.20 | 3.7 % | 23.72 | (0.3 %) |
Q1 2021 | 21.80 | - | 6.28 | - | 5.05 | - |
Q2 2021 | 23.65 | - | 8.04 | - | 6.67 | - |
Q3 2021 | - | - | - | - | - | - |
Q4 2021 | - | - | - | - | - | - |
2021 | 95.53 | 4.5 % | 30.01 | 6.4 % | 23.97 | 1.1 % |
Q1 2022 | 29.15 | 33.7 % | 8.68 | 38.3 % | 7.13 | 41.3 % |
Q2 2022 | 26.24 | 11.0 % | 7.60 | (5.5 %) | 5.91 | (11.4 %) |
Q3 2022 | - | - | - | - | - | - |
Q4 2022 | - | - | - | - | - | - |
2022 | 135.22 | 41.5 % | 37.55 | 25.1 % | 31.00 | 29.3 % |
Q1 2023 | 47.43 | 62.7 % | 10.38 | 19.6 % | 8.64 | 21.1 % |
Q2 2023 | 46.78 | 78.3 % | - | - | - | - |
Q3 2023 | - | - | - | - | - | - |
Q4 2023 | - | - | - | - | - | - |
2023 | 164.24 | 21.5 % | 42.50 | 13.2 % | 34.99 | 12.9 % |
Q1 2024 | - | - | - | - | - | - |
Q2 2024 | - | - | - | - | - | - |
Period | Revenues | Change | Gross Income | Change | Operating Income | Change |
---|---|---|---|---|---|---|
2014 | - | - | - | - | - | - |
2015 | - | - | - | - | - | - |
2016 | - | - | - | - | - | - |
2017 | - | - | - | - | - | - |
2018 | - | - | - | - | - | - |
2019 | 84.30 | - | 27.21 | - | 23.81 | - |
2020 | 91.42 | 8.4 % | 28.20 | 3.7 % | 23.72 | (0.3 %) |
2021 | 95.53 | 4.5 % | 30.01 | 6.4 % | 23.97 | 1.1 % |
2022 | 135.22 | 41.5 % | 37.55 | 25.1 % | 31.00 | 29.3 % |
2023 | 164.24 | 21.5 % | 42.50 | 13.2 % | 34.99 | 12.9 % |
Period | Net Income | Change | EPS(Riyal) | Extraordinary Income/Expense | Net Profit Before Unusual Items | EPS Before XO Items |
---|---|---|---|---|---|---|
Q1 2015 | - | - | - | - | - | - |
Q2 2015 | - | - | - | - | - | - |
Q3 2015 | - | - | - | - | - | - |
Q4 2015 | - | - | - | - | - | - |
2015 | - | - | - | - | - | - |
Q1 2016 | - | - | - | - | - | - |
Q2 2016 | - | - | - | - | - | - |
Q3 2016 | - | - | - | - | - | - |
Q4 2016 | - | - | - | - | - | - |
2016 | - | - | - | - | - | - |
Q1 2017 | - | - | - | - | - | - |
Q2 2017 | - | - | - | - | - | - |
Q3 2017 | - | - | - | - | - | - |
Q4 2017 | - | - | - | - | - | - |
2017 | - | - | - | - | - | - |
Q1 2018 | - | - | - | - | - | - |
Q2 2018 | - | - | - | - | - | - |
Q3 2018 | - | - | - | - | - | - |
Q4 2018 | - | - | - | - | - | - |
2018 | - | - | - | - | - | - |
Q1 2019 | - | - | - | - | - | - |
Q2 2019 | - | - | - | - | - | - |
Q3 2019 | - | - | - | - | - | - |
Q4 2019 | - | - | - | - | - | - |
2019 | 17.79 | - | 0.32 | - | 17.79 | 0.32 |
Q1 2020 | - | - | - | - | - | - |
Q2 2020 | - | - | - | - | - | - |
Q3 2020 | - | - | - | - | - | - |
Q4 2020 | - | - | - | - | - | - |
2020 | 18.26 | 2.6 % | 0.33 | - | 18.26 | 0.33 |
Q1 2021 | 4.41 | - | 0.08 | - | 4.41 | 0.08 |
Q2 2021 | 5.66 | - | 0.10 | - | 5.66 | 0.10 |
Q3 2021 | - | - | - | - | - | - |
Q4 2021 | - | - | - | - | - | - |
2021 | 17.48 | (4.2 %) | 0.32 | - | 17.48 | 0.32 |
Q1 2022 | 5.39 | 22.2 % | 0.10 | - | 5.39 | 0.10 |
Q2 2022 | 4.07 | (28.1 %) | 0.07 | - | 4.07 | 0.07 |
Q3 2022 | - | - | - | - | - | - |
Q4 2022 | - | - | - | - | - | - |
2022 | 20.90 | 19.5 % | 0.38 | - | 20.90 | 0.38 |
Q1 2023 | 6.77 | 25.5 % | 0.12 | - | 6.77 | 0.12 |
Q2 2023 | 8.36 | 105.2 % | 0.15 | - | 8.36 | 0.15 |
Q3 2023 | - | - | - | - | - | - |
Q4 2023 | - | - | - | - | - | - |
2023 | 22.69 | 8.6 % | 0.41 | - | 22.69 | 0.41 |
Q1 2024 | - | - | - | - | - | - |
Q2 2024 | - | - | - | - | - | - |
Period | Net Income | Change | EPS(Riyal) | Extraordinary Income/Expense | Net Profit Before Unusual Items | EPS Before XO Items |
---|---|---|---|---|---|---|
2014 | - | - | - | - | - | - |
2015 | - | - | - | - | - | - |
2016 | - | - | - | - | - | - |
2017 | - | - | - | - | - | - |
2018 | - | - | - | - | - | - |
2019 | 17.79 | - | 0.32 | - | 17.79 | 0.32 |
2020 | 18.26 | 2.6 % | 0.33 | - | 18.26 | 0.33 |
2021 | 17.48 | (4.2 %) | 0.32 | - | 17.48 | 0.32 |
2022 | 20.90 | 19.5 % | 0.38 | - | 20.90 | 0.38 |
2023 | 22.69 | 8.6 % | 0.41 | - | 22.69 | 0.41 |
Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
---|---|---|---|
Q1 2015 | - | - | - |
Q2 2015 | - | - | - |
Q3 2015 | - | - | - |
Q4 2015 | - | - | - |
2015 | - | - | - |
Q1 2016 | - | - | - |
Q2 2016 | - | - | - |
Q3 2016 | - | - | - |
Q4 2016 | - | - | - |
2016 | - | - | - |
Q1 2017 | - | - | - |
Q2 2017 | - | - | - |
Q3 2017 | - | - | - |
Q4 2017 | - | - | - |
2017 | - | - | - |
Q1 2018 | - | - | - |
Q2 2018 | - | - | - |
Q3 2018 | - | - | - |
Q4 2018 | - | - | - |
2018 | - | - | - |
Q1 2019 | - | - | - |
Q2 2019 | - | - | - |
Q3 2019 | - | - | - |
Q4 2019 | - | - | - |
2019 | 32.28 % | 30.33 % | 21.11 % |
Q1 2020 | - | - | - |
Q2 2020 | - | - | - |
Q3 2020 | - | - | - |
Q4 2020 | - | - | - |
2020 | 30.85 % | 29.64 % | 19.97 % |
Q1 2021 | 28.79 % | - | 20.24 % |
Q2 2021 | 31.50 % | - | 22.17 % |
Q3 2021 | - | - | - |
Q4 2021 | - | - | - |
2021 | 31.41 % | 29.46 % | 18.30 % |
Q1 2022 | 30.82 % | - | 20.74 % |
Q2 2022 | 30.34 % | - | 19.38 % |
Q3 2022 | - | - | - |
Q4 2022 | - | - | - |
2022 | 27.77 % | 26.17 % | 15.45 % |
Q1 2023 | 27.44 % | - | 17.32 % |
Q2 2023 | - | - | 16.44 % |
Q3 2023 | - | - | - |
Q4 2023 | - | - | - |
2023 | 25.88 % | 24.19 % | 13.81 % |
Q1 2024 | - | - | - |
Q2 2024 | - | - | - |
Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
---|---|---|---|
2014 | - | - | - |
2015 | - | - | - |
2016 | - | - | - |
2017 | - | - | - |
2018 | - | - | - |
2019 | 32.28 % | 30.33 % | 21.11 % |
2020 | 30.85 % | 29.64 % | 19.97 % |
2021 | 31.41 % | 29.46 % | 18.30 % |
2022 | 27.77 % | 26.17 % | 15.45 % |
2023 | 25.88 % | 24.19 % | 13.81 % |
Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
---|---|---|---|
Q1 2015 | - | - | - |
Q2 2015 | - | - | - |
Q3 2015 | - | - | - |
Q4 2015 | - | - | - |
Q1 2016 | - | - | - |
Q2 2016 | - | - | - |
Q3 2016 | - | - | - |
Q4 2016 | - | - | - |
Q1 2017 | - | - | - |
Q2 2017 | - | - | - |
Q3 2017 | - | - | - |
Q4 2017 | - | - | - |
Q1 2018 | - | - | - |
Q2 2018 | - | - | - |
Q3 2018 | - | - | - |
Q4 2018 | - | - | - |
Q1 2019 | - | - | - |
Q2 2019 | - | - | - |
Q3 2019 | - | - | - |
Q4 2019 | - | - | - |
Q1 2020 | - | - | - |
Q2 2020 | - | - | - |
Q3 2020 | - | - | - |
Q4 2020 | - | - | - |
Q1 2021 | 28.79 % | - | 20.24 % |
Q2 2021 | 33.99 % | - | 23.95 % |
Q3 2021 | - | - | - |
Q4 2021 | - | - | - |
Q1 2022 | 29.78 % | - | 18.51 % |
Q2 2022 | 28.96 % | - | 15.52 % |
Q3 2022 | - | - | - |
Q4 2022 | - | - | - |
Q1 2023 | 21.89 % | - | 14.27 % |
Q2 2023 | - | - | 17.87 % |
Q3 2023 | - | - | - |
Q4 2023 | - | - | - |
Q1 2024 | - | - | - |
Q2 2024 | - | - | - |
Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | Book Value (BV) |
---|---|---|---|---|
Q1 2015 | - | - | - | - |
Q2 2015 | - | - | - | - |
Q3 2015 | - | - | - | - |
Q4 2015 | - | - | - | - |
Q1 2016 | - | - | - | - |
Q2 2016 | - | - | - | - |
Q3 2016 | - | - | - | - |
Q4 2016 | - | - | - | - |
Q1 2017 | - | - | - | - |
Q2 2017 | - | - | - | - |
Q3 2017 | - | - | - | - |
Q4 2017 | - | - | - | - |
Q1 2018 | - | - | - | - |
Q2 2018 | - | - | - | - |
Q3 2018 | - | - | - | - |
Q4 2018 | - | - | - | - |
Q1 2019 | - | - | - | - |
Q2 2019 | - | - | - | - |
Q3 2019 | - | - | - | - |
Q4 2019 | - | - | - | - |
Q1 2020 | - | - | - | - |
Q2 2020 | - | - | - | - |
Q3 2020 | - | - | - | - |
Q4 2020 | - | - | - | - |
Q1 2021 | 55.00 | 0.08 | 0.08 | - |
Q2 2021 | 55.00 | 0.18 | 0.18 | 1.56 |
Q3 2021 | - | - | - | - |
Q4 2021 | - | - | - | - |
Q1 2022 | 55.00 | 0.28 | 0.28 | - |
Q2 2022 | 55.00 | 0.36 | 0.36 | 1.86 |
Q3 2022 | - | - | - | - |
Q4 2022 | - | - | - | - |
Q1 2023 | 55.00 | 0.40 | 0.40 | - |
Q2 2023 | 55.00 | 0.45 | 0.45 | 2.36 |
Q3 2023 | - | - | - | - |
Q4 2023 | - | - | - | - |
Q1 2024 | - | - | - | - |
Q2 2024 | - | - | - | - |
Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | Book Value (BV) |
---|---|---|---|---|
2014 | - | - | - | - |
2015 | - | - | - | - |
2016 | - | - | - | - |
2017 | - | - | - | - |
2018 | - | - | - | - |
2019 | 55.00 | 0.32 | 0.32 | 1.04 |
2020 | 55.00 | 0.33 | 0.33 | 1.37 |
2021 | 55.00 | 0.32 | 0.32 | 1.69 |
2022 | 55.00 | 0.38 | 0.38 | 2.09 |
2023 | 55.00 | 0.41 | 0.41 | 2.50 |
Period | P/E | Adjusted P/E | Price/book |
---|---|---|---|
Q1 2015 | - | - | - |
Q2 2015 | - | - | - |
Q3 2015 | - | - | - |
Q4 2015 | - | - | - |
Q1 2016 | - | - | - |
Q2 2016 | - | - | - |
Q3 2016 | - | - | - |
Q4 2016 | - | - | - |
Q1 2017 | - | - | - |
Q2 2017 | - | - | - |
Q3 2017 | - | - | - |
Q4 2017 | - | - | - |
Q1 2018 | - | - | - |
Q2 2018 | - | - | - |
Q3 2018 | - | - | - |
Q4 2018 | - | - | - |
Q1 2019 | - | - | - |
Q2 2019 | - | - | - |
Q3 2019 | - | - | - |
Q4 2019 | - | - | - |
Q1 2020 | - | - | - |
Q2 2020 | - | - | - |
Q3 2020 | - | - | - |
Q4 2020 | - | - | - |
Q1 2021 | - | - | - |
Q2 2021 | - | - | - |
Q3 2021 | - | - | - |
Q4 2021 | - | - | - |
Q1 2022 | - | - | - |
Q2 2022 | - | - | - |
Q3 2022 | - | - | - |
Q4 2022 | - | - | - |
Q1 2023 | 22.10 | 22.10 | - |
Q2 2023 | 13.46 | 13.46 | 2.55 |
Q3 2023 | - | - | - |
Q4 2023 | - | - | - |
Q1 2024 | - | - | - |
Q2 2024 | - | - | - |
Period | P/E | Adjusted P/E | Price/book |
---|---|---|---|
2014 | - | - | - |
2015 | - | - | - |
2016 | - | - | - |
2017 | - | - | - |
2018 | - | - | - |
2019 | - | - | - |
2020 | - | - | - |
2021 | - | - | - |
2022 | 16.42 | 16.42 | 2.99 |
2023 | 12.87 | 12.87 | 2.12 |
2023
2024
Period | Electricity installation and connection service | Communications installation and connection services | Selling shutters and communications supplies |
---|
Period | Electricity installation and connection service | Communications installation and connection services | Selling shutters and communications supplies |
---|---|---|---|
2019 | 34.65 | 30.32 | 19.33 |
2020 | 54.05 | 37.37 | - |
2021 | 67.70 | 27.83 | - |
2022 | 111.87 | 23.35 | - |
2023 | 128.11 | 36.13 | - |
Current | |
Market Cap (M Riyal) | 242.00 |
Enterprise Value (EV) (M) | 281.71 |
Shares Outstanding ((M)) | 55.00 |
Book Value (BV) ( Riyal) | 2.50 |
Par Value ( Riyal) | 1.00 |
Adjusted P/E (Last12) | 10.67 |
Price/book | 1.76 |
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}}