Enma AlRawabi net profit down 6% to SAR 22 mln for 2021

17/03/2022 Argaam Exclusive

View other reports

Enma AlRawabi Co. reported a net profit after Zakat and tax of SAR 22 million for 2021, a decline of 6%, from SAR 23.3 million in the year-earlier period.

Financials (M)

Item	2020	2021	Change‬
Revenues	42.53	38.98	(8.3 %)
Gross Income	29.24	28.31	(3.2 %)
Operating Income	24.91	23.21	(6.8 %)
Net Income	23.34	21.99	(5.8 %)
Average Shares	40.00	40.00	-
Earnings Per Share before unusual items (Riyals)	0.58	0.55	(5.8 %)
EPS (Riyals)	0.58	0.55	(5.8 %)

The earnings drop was driven by lower rent revenue on the COVID-19 outbreak, and higher general and administrative expenses (G&As).

Current Half Annual Comparison (M)

Compared With The

Item	H2 2020	H2 2021	Change‬
Revenues	25.39	19.38	(23.7 %)
Gross Income	17.95	13.98	(22.1 %)
Operating Income	14.72	10.35	(29.7 %)
Net Income	13.11	9.18	(30.0 %)
Average Shares	40.00	40.00	-
Earnings Per Share before unusual items (Riyals)	0.33	0.23	(30.0 %)
EPS (Riyals)	0.33	0.23	(30.0 %)

Item	H1 2021	H2 2021	Change‬
Revenues	19.60	19.38	(1.1 %)
Gross Income	14.33	13.98	(2.5 %)
Operating Income	12.86	10.35	(19.5 %)
Net Income	12.81	9.18	(28.4 %)
Average Shares	40.00	40.00	-
Earnings Per Share before unusual items (Riyals)	0.32	0.23	(28.4 %)
EPS (Riyals)	0.32	0.23	(28.4 %)

Total shareholders’ equity, excluding minority interest, rose 4.65% to SAR 492.565 million in 2021 from SAR 470.68 million a year earlier.

View more financial results

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.

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

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.

×