GACO's net profit rises over eight-fold in H1 2019

06/08/2019 Argaam Exclusive

View other reports

Al Gassim Investment Holding Co. (GACO) reported a net profit after zakat and tax of SAR 10.8 million for the first half of 2019, over an eight-fold increase year-on-year (YoY) from around SAR 1.3 million a year earlier.

The rise was attributed to higher fair value of investments, lower losses from discontinued operations and lower zakat provision.

Financials (M)

Item	6m 2018	6m 2019	Change‬
Revenues	5.95	5.85	(1.6 %)
Gross Income	5.08	4.98	(1.9 %)
Operating Income	2.77	10.97	295.6 %
Net Income	1.27	10.82	752.2 %
Average Shares	30.00	30.00	-
EPS (Riyals)	0.04	0.36	752.2 %

The insurer’s net profit for Q2 2019 jumped 49.6 percent YoY to SAR 1.5 million on a decrease in the general and administrative expenses, posting profits from discontinued operations versus incurred losses a year earlier, as well as lower zakat provision.

When compared to the previous month, Q2 2019 net profit plunged by 84.4 percent, as the previous quarter reported earnings from the change in the fair value of investments.

Current Quarter Comparison (M)

Compared With The

Item	Q2 2018	Q2 2019	Change‬
Revenues	2.97	2.92	(1.6 %)
Gross Income	2.55	2.46	(3.8 %)
Operating Income	1.46	1.50	2.3 %
Net Income	0.98	1.46	49.5 %
Average Shares	30.00	30.00	-
EPS (Riyals)	0.03	0.05	49.5 %

Item	Q1 2019	Q2 2019	Change‬
Revenues	2.92	2.92	-
Gross Income	2.53	2.46	(2.9 %)
Operating Income	9.47	1.50	(84.2 %)
Net Income	9.36	1.46	(84.4 %)
Average Shares	30.00	30.00	-
EPS (Riyals)	0.31	0.05	(84.4 %)

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2010	14.24	(46.4 %)	(2.40)	(536.4 %)	(3.97)	(267.6 %)
Q2 2010	16.09	11.2 %	(8.13)	(367.2 %)	(9.82)	(188.0 %)
Q3 2010	21.18	(7.7 %)	(0.20)	(233.3 %)	(2.35)	(27.7 %)
Q4 2010	29.38	44.7 %	(2.04)	(251.7 %)	(6.41)	(164.3 %)
2010	80.89	(4.0 %)	(12.77)	(688.3 %)	(22.55)	(157.6 %)
Q1 2011	13.02	(8.6 %)	(1.72)	28.3 %	(3.99)	(0.5 %)
Q2 2011	17.64	9.6 %	1.21	114.9 %	(0.91)	90.7 %
Q3 2011	21.14	(0.2 %)	(3.44)	(1,620.0 %)	(6.05)	(157.4 %)
Q4 2011	11.46	(61.0 %)	(3.69)	(80.9 %)	(7.24)	(12.9 %)
2011	63.26	(21.8 %)	(7.64)	40.2 %	(18.19)	19.4 %
Q1 2012	12.02	(7.7 %)	0.72	141.9 %	(7.86)	(96.9 %)
Q2 2012	21.61	22.5 %	(1.15)	(195.0 %)	(3.72)	(308.4 %)
Q3 2012	22.10	4.5 %	(0.94)	72.7 %	(4.51)	25.5 %
Q4 2012	16.00	39.6 %	(5.45)	(47.7 %)	(11.82)	(63.3 %)
2012	71.73	13.4 %	(6.82)	10.7 %	(27.89)	(53.4 %)
Q1 2013	19.62	63.2 %	(0.90)	(225.0 %)	(3.89)	50.5 %
Q2 2013	20.27	(6.2 %)	3.24	381.7 %	0.22	105.8 %
Q3 2013	18.97	(14.2 %)	(0.71)	24.5 %	(3.49)	22.6 %
Q4 2013	11.13	(30.4 %)	(3.02)	44.6 %	(6.86)	41.9 %
2013	69.99	(2.4 %)	(1.39)	79.6 %	(14.02)	49.7 %
Q1 2014	8.94	(54.4 %)	(3.26)	(262.6 %)	(7.22)	(85.8 %)
Q2 2014	20.06	(1.1 %)	3.00	(7.4 %)	0.28	28.4 %
Q3 2014	14.94	(21.2 %)	0.11	115.9 %	(2.16)	38.2 %
Q4 2014	9.29	(16.5 %)	(1.19)	60.5 %	(3.00)	56.3 %
2014	53.22	(24.0 %)	(1.39)	0.2 %	(15.16)	(8.1 %)
Q1 2015	8.14	(8.9 %)	(0.78)	76.1 %	(2.80)	61.2 %
Q2 2015	14.13	(29.6 %)	2.23	(25.8 %)	(0.14)	(149.6 %)
Q3 2015	12.83	(14.1 %)	(1.76)	(1660.2 %)	(4.18)	(93.7 %)
Q4 2015	11.44	23.2 %	(0.97)	18.8 %	(4.45)	(48.2 %)
2015	46.54	(12.5 %)	(1.28)	7.4 %	(11.56)	23.7 %
Q1 2016	8.08	(0.7 %)	0.57	173.2 %	(1.95)	30.2 %
Q2 2016	5.57	(60.6 %)	3.32	49.0 %	1.33	1069.3 %
Q3 2016	4.14	(67.7 %)	2.94	266.6 %	1.27	130.4 %
Q4 2016	4.34	(62.0 %)	2.85	394.2 %	(0.24)	94.6 %
2016	22.14	(52.4 %)	9.67	853.3 %	0.40	103.5 %
Q1 2017	4.83	(40.2 %)	2.46	332.1 %	0.82	142.1 %
Q2 2017	4.37	(21.6 %)	2.48	(25.2 %)	0.58	(56.5 %)
Q3 2017	4.65	12.2 %	2.56	(12.8 %)	1.17	(7.7 %)
Q4 2017	4.02	(7.6 %)	2.46	(13.8 %)	0.93	485.5 %
2017	17.86	(19.3 %)	9.96	3.0 %	3.50	770.9 %
Q1 2018	2.97	(38.5 %)	2.53	2.7 %	1.31	59.4 %
Q2 2018	2.97	(32.0 %)	2.55	2.9 %	1.46	152.9 %
Q3 2018	3.24	(30.3 %)	2.80	9.5 %	1.87	59.6 %
Q4 2018	2.97	(26.0 %)	2.54	3.5 %	(10.79)	(1261.2 %)
2018	12.16	(31.9 %)	10.42	4.6 %	(6.15)	(275.5 %)
Q1 2019	2.92	(1.6 %)	2.53	0.0 %	9.47	622.9 %
Q2 2019	2.92	(1.6 %)	2.46	(3.8 %)	1.50	2.3 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2009	84.28	(4.7 %)	(1.62)	(128.3 %)	(8.76)	(558.3 %)
2010	80.89	(4.0 %)	(12.77)	(688.3 %)	(22.55)	(157.6 %)
2011	63.26	(21.8 %)	(7.64)	40.2 %	(18.19)	19.4 %
2012	71.73	13.4 %	(6.82)	10.7 %	(27.89)	(53.4 %)
2013	69.99	(2.4 %)	(1.39)	79.6 %	(14.02)	49.7 %
2014	53.22	(24.0 %)	(1.39)	0.2 %	(15.16)	(8.1 %)
2015	46.54	(12.5 %)	(1.28)	7.4 %	(11.56)	23.7 %
2016	22.14	(52.4 %)	9.67	853.3 %	0.40	103.5 %
2017	17.86	(19.3 %)	9.96	3.0 %	3.50	770.9 %
2018	12.16	(31.9 %)	10.42	4.6 %	(6.15)	(275.5 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2010	1.33	1178.8 %	0.04	-	1.33	0.04
Q2 2010	(10.29)	(237.5 %)	(0.34)	-	(10.29)	(0.34)
Q3 2010	(2.54)	(41.9 %)	(0.08)	-	(2.54)	(0.08)
Q4 2010	(6.16)	(177.4 %)	(0.21)	-	(6.16)	(0.21)
2010	(17.66)	(154.0 %)	(0.59)	-	(17.66)	(0.59)
Q1 2011	(1.87)	(240.8 %)	(0.06)	-	(1.87)	(0.06)
Q2 2011	(1.70)	83.4 %	(0.06)	-	(1.70)	(0.06)
Q3 2011	(5.89)	(132.5 %)	(0.20)	-	(5.89)	(0.20)
Q4 2011	(6.59)	(7.1 %)	(0.22)	-	(6.59)	(0.22)
2011	(16.06)	9.0 %	(0.54)	-	(16.06)	(0.54)
Q1 2012	7.25	487.0 %	0.24	(4.32)	11.57	0.39
Q2 2012	(0.14)	91.6 %	0.00	0.02	(0.16)	(0.01)
Q3 2012	(2.32)	60.7 %	(0.08)	2.27	(4.59)	(0.15)
Q4 2012	(12.31)	(86.7 %)	(0.41)	21.67	(33.98)	(1.13)
2012	(7.52)	53.2 %	(0.25)	19.64	(27.17)	(0.91)
Q1 2013	(3.17)	(143.8 %)	(0.11)	-	(3.17)	(0.11)
Q2 2013	0.05	132.9 %	0.00	-	0.05	0.00
Q3 2013	(2.90)	(25.4 %)	(0.10)	-	(2.90)	(0.10)
Q4 2013	(6.25)	49.2 %	(0.21)	(0.11)	(6.14)	(0.20)
2013	(12.28)	(63.3 %)	(0.41)	(0.11)	(12.17)	(0.41)
Q1 2014	(7.34)	(131.4 %)	(0.24)	-	(7.34)	(0.24)
Q2 2014	2.14	4446.8 %	0.07	-	2.14	0.07
Q3 2014	(1.68)	42.3 %	(0.06)	-	(1.68)	(0.06)
Q4 2014	(5.04)	19.4 %	(0.17)	-	(5.04)	(0.17)
2014	(15.04)	(22.5 %)	(0.50)	-	(15.04)	(0.50)
Q1 2015	(2.98)	59.5 %	(0.10)	-	(2.98)	(0.10)
Q2 2015	0.47	(78.2 %)	0.02	-	0.47	0.02
Q3 2015	(4.18)	(149.6 %)	(0.14)	-	(4.18)	(0.14)
Q4 2015	7.71	253.0 %	0.26	13.80	(6.09)	(0.20)
2015	1.02	106.7 %	0.03	13.80	(12.79)	(0.43)
Q1 2016	95.31	3301.5 %	3.18	98.55	(3.24)	(0.11)
Q2 2016	3.03	551.6 %	0.10	1.83	1.20	0.04
Q3 2016	1.40	133.4 %	0.05	-	1.40	0.05
Q4 2016	59.07	666.2 %	1.97	0.06	59.01	1.97
2016	58.56	5669.5 %	1.95	100.44	(41.88)	(1.40)
Q1 2017	0.21	(99.8 %)	0.01	-	0.21	0.01
Q2 2017	0.71	(76.7 %)	0.02	-	0.71	0.02
Q3 2017	1.48	5.6 %	0.05	-	1.48	0.05
Q4 2017	0.96	(98.4 %)	0.03	-	0.96	0.03
2017	3.34	(94.3 %)	0.11	-	3.34	0.11
Q1 2018	0.29	42.7 %	0.01	-	0.29	0.01
Q2 2018	0.98	37.9 %	0.03	-	0.98	0.03
Q3 2018	1.25	(15.3 %)	0.04	-	1.25	0.04
Q4 2018	(10.23)	(1170.0 %)	(0.34)	-	(10.23)	(0.34)
2018	(7.71)	(330.6 %)	(0.26)	-	(7.71)	(0.26)
Q1 2019	9.36	3082.7 %	0.31	-	9.36	0.31
Q2 2019	1.46	49.5 %	0.05	-	1.46	0.05

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2009	(6.95)	(2489.0 %)	(0.23)	-	(6.95)	(0.23)
2010	(17.66)	(154.0 %)	(0.59)	-	(17.66)	(0.59)
2011	(16.06)	9.0 %	(0.54)	-	(16.06)	(0.54)
2012	(7.52)	53.2 %	(0.25)	19.64	(27.17)	(0.91)
2013	(12.28)	(63.3 %)	(0.41)	(0.11)	(12.17)	(0.41)
2014	(15.04)	(22.5 %)	(0.50)	-	(15.04)	(0.50)
2015	1.02	106.7 %	0.03	13.80	(12.79)	(0.43)
2016	58.56	5669.5 %	1.95	100.44	(41.88)	(1.40)
2017	3.34	(94.3 %)	0.11	-	3.34	0.11
2018	(7.71)	(330.6 %)	(0.26)	-	(7.71)	(0.26)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2010	(6.35 %)	4.78 %	(7.96 %)
Q2 2010	(14.90 %)	(4.35 %)	(17.63 %)
Q3 2010	(15.75 %)	(5.30 %)	(19.10 %)
Q4 2010	(15.79 %)	(9.22 %)	(21.83 %)
2010	(15.79 %)	(9.22 %)	(21.83 %)
Q1 2011	(15.18 %)	(9.46 %)	(26.18 %)
Q2 2011	(3.39 %)	2.00 %	(15.11 %)
Q3 2011	(7.38 %)	(2.30 %)	(19.25 %)
Q4 2011	(12.08 %)	(2.58 %)	(25.39 %)
2011	(12.08 %)	(2.58 %)	(25.39 %)
Q1 2012	(8.35 %)	(6.03 %)	(4.22 %)
Q2 2012	(11.41 %)	(9.77 %)	(1.64 %)
Q3 2012	(7.53 %)	(5.62 %)	0.33 %
Q4 2012	(9.51 %)	(10.79 %)	(37.87 %)
2012	(9.51 %)	(10.79 %)	(37.87 %)
Q1 2013	(10.64 %)	(7.38 %)	(52.82 %)
Q2 2013	(5.19 %)	(11.88 %)	(53.46 %)
Q3 2013	(5.10 %)	3.87 %	(53.45 %)
Q4 2013	(1.99 %)	11.04 %	(17.39 %)
2013	(1.99 %)	11.04 %	(17.39 %)
Q1 2014	(6.33 %)	16.52 %	(27.55 %)
Q2 2014	(6.76 %)	25.77 %	(24.11 %)
Q3 2014	(5.76 %)	10.24 %	(23.65 %)
Q4 2014	(2.52 %)	17.02 %	(22.40 %)
2014	(2.61 %)	11.28 %	(28.26 %)
Q1 2015	2.18 %	24.87 %	(14.41 %)
Q2 2015	0.79 %	26.29 %	(19.84 %)
Q3 2015	(3.40 %)	22.35 %	(26.44 %)
Q4 2015	(2.76 %)	16.99 %	(27.48 %)
2015	(2.76 %)	16.99 %	(27.47 %)
Q1 2016	0.14 %	13.75 %	(28.08 %)
Q2 2016	3.05 %	10.46 %	(32.48 %)
Q3 2016	20.03 %	18.22 %	(23.05 %)
Q4 2016	43.69 %	26.23 %	263.65 %
2016	43.69 %	26.23 %	(189.20 %)
Q1 2017	61.23 %	35.02 %	327.27 %
Q2 2017	60.66 %	30.70 %	346.70 %
Q3 2017	56.90 %	27.81 %	337.49 %
Q4 2017	55.75 %	34.02 %	18.72 %
2017	55.78 %	34.02 %	18.72 %
Q1 2018	62.64 %	41.04 %	21.45 %
Q2 2018	69.12 %	50.94 %	25.33 %
Q3 2018	78.32 %	61.57 %	26.32 %
Q4 2018	85.74 %	(31.67 %)	(63.43 %)
2018	85.72 %	(31.67 %)	(63.42 %)
Q1 2019	86.08 %	33.51 %	11.17 %
Q2 2019	85.63 %	31.83 %	15.22 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2009	(1.92 %)	7.57 %	(8.25 %)
2010	(15.79 %)	(9.22 %)	(21.83 %)
2011	(12.08 %)	(2.58 %)	(25.39 %)
2012	(9.51 %)	(10.79 %)	(37.87 %)
2013	(1.99 %)	11.04 %	(17.39 %)
2014	(2.61 %)	11.28 %	(28.26 %)
2015	(2.76 %)	16.99 %	(27.47 %)
2016	43.69 %	26.23 %	(189.20 %)
2017	55.78 %	34.02 %	18.72 %
2018	85.72 %	(31.67 %)	(63.42 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2010	(16.85 %)	(25.07 %)	9.34 %
Q2 2010	(50.53 %)	(17.53 %)	(63.98 %)
Q3 2010	(0.94 %)	6.47 %	(11.97 %)
Q4 2010	(6.94 %)	(8.30 %)	(20.96 %)
Q1 2011	(13.21 %)	(28.03 %)	(14.38 %)
Q2 2011	6.86 %	35.94 %	(9.66 %)
Q3 2011	(16.27 %)	(10.03 %)	(27.88 %)
Q4 2011	(32.20 %)	(19.20 %)	(57.53 %)
Q1 2012	5.99 %	(48.04 %)	96.21 %
Q2 2012	(5.32 %)	16.77 %	(0.75 %)
Q3 2012	(4.25 %)	2.59 %	(20.75 %)
Q4 2012	(34.06 %)	(38.53 %)	(212.40 %)
Q1 2013	(4.59 %)	(19.80 %)	(16.17 %)
Q2 2013	15.98 %	1.06 %	0.23 %
Q3 2013	(3.74 %)	67.11 %	(15.31 %)
Q4 2013	(27.13 %)	(11.96 %)	(55.18 %)
Q1 2014	(36.49 %)	(20.32 %)	(82.11 %)
Q2 2014	14.96 %	28.15 %	10.65 %
Q3 2014	0.76 %	21.03 %	(11.22 %)
Q4 2014	(12.83 %)	22.50 %	(54.26 %)
Q1 2015	(9.57 %)	26.54 %	(36.56 %)
Q2 2015	15.76 %	34.20 %	3.29 %
Q3 2015	(13.74 %)	6.52 %	(32.61 %)
Q4 2015	(8.46 %)	0.68 %	(53.25 %)
Q1 2016	7.05 %	7.96 %	(40.13 %)
Q2 2016	59.54 %	43.26 %	21.54 %
Q3 2016	70.96 %	53.03 %	33.75 %
Q4 2016	65.56 %	12.87 %	1,358.38 %
Q1 2017	50.96 %	30.00 %	4.26 %
Q2 2017	56.75 %	28.03 %	16.18 %
Q3 2017	55.11 %	39.29 %	31.75 %
Q4 2017	61.15 %	39.28 %	23.81 %
Q1 2018	85.07 %	65.29 %	9.89 %
Q2 2018	85.81 %	70.53 %	32.80 %
Q3 2018	86.53 %	77.58 %	38.57 %
Q4 2018	85.47 %	(349.82 %)	(344.06 %)
Q1 2019	86.46 %	336.80 %	320.01 %
Q2 2019	83.96 %	64.23 %	49.86 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2010	30.00	(0.19)	(0.19)	13.33
Q2 2010	30.00	(0.43)	(0.43)	12.99
Q3 2010	30.00	(0.46)	(0.46)	12.90
Q4 2010	30.00	(0.59)	(0.59)	12.70
Q1 2011	30.00	(0.70)	(0.70)	12.63
Q2 2011	30.00	(0.41)	(0.41)	12.58
Q3 2011	30.00	(0.52)	(0.52)	12.38
Q4 2011	30.00	(0.54)	(0.54)	12.16
Q1 2012	30.00	(0.23)	(0.09)	12.65
Q2 2012	30.00	(0.18)	(0.04)	12.47
Q3 2012	30.00	(0.06)	0.01	12.35
Q4 2012	30.00	(0.25)	(0.91)	11.92
Q1 2013	30.00	(0.60)	(1.40)	11.80
Q2 2013	30.00	(0.59)	(1.39)	11.80
Q3 2013	30.00	(0.61)	(1.33)	11.71
Q4 2013	30.00	(0.41)	(0.41)	11.50
Q1 2014	30.00	(0.55)	(0.54)	11.26
Q2 2014	30.00	(0.48)	(0.48)	11.33
Q3 2014	30.00	(0.44)	(0.43)	11.27
Q4 2014	30.00	(0.40)	(0.40)	11.00
Q1 2015	30.00	(0.25)	(0.25)	10.90
Q2 2015	30.00	(0.31)	(0.31)	10.92
Q3 2015	30.00	(0.39)	(0.39)	10.78
Q4 2015	30.00	0.03	(0.43)	11.03
Q1 2016	30.00	3.31	(0.44)	11.86
Q2 2016	30.00	3.40	(0.41)	11.90
Q3 2016	30.00	3.58	(0.22)	11.91
Q4 2016	30.00	5.29	1.95	10.72
Q1 2017	30.00	2.12	2.06	10.72
Q2 2017	30.00	2.05	2.04	10.74
Q3 2017	30.00	2.05	2.05	10.54
Q4 2017	30.00	0.11	0.11	10.58
Q1 2018	30.00	0.11	0.11	10.59
Q2 2018	30.00	0.12	0.12	10.62
Q3 2018	30.00	0.12	0.12	10.66
Q4 2018	30.00	(0.26)	(0.26)	10.33
Q1 2019	30.00	0.05	0.05	10.64
Q2 2019	30.00	0.06	0.06	10.69

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2009	30.00	(0.23)	(0.23)	13.28
2010	30.00	(0.59)	(0.59)	12.70
2011	30.00	(0.54)	(0.54)	12.16
2012	30.00	(0.25)	(0.91)	11.92
2013	30.00	(0.41)	(0.41)	11.50
2014	30.00	(0.50)	(0.50)	11.00
2015	30.00	0.03	(0.43)	11.03
2016	30.00	1.95	(1.40)	10.72
2017	30.00	0.11	0.11	10.58
2018	30.00	(0.26)	(0.26)	10.33

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2010	NEG	NEG	1.24
Q2 2010	NEG	NEG	1.08
Q3 2010	NEG	NEG	1.13
Q4 2010	NEG	NEG	1.19
Q1 2011	NEG	NEG	1.35
Q2 2011	NEG	NEG	1.38
Q3 2011	NEG	NEG	1.31
Q4 2011	NEG	NEG	3.06
Q1 2012	NEG	NEG	3.85
Q2 2012	NEG	NEG	2.31
Q3 2012	NEG	More than 100	2.15
Q4 2012	NEG	NEG	1.97
Q1 2013	NEG	NEG	2.01
Q2 2013	NEG	NEG	1.85
Q3 2013	NEG	NEG	2.01
Q4 2013	NEG	NEG	2.62
Q1 2014	NEG	NEG	2.52
Q2 2014	NEG	NEG	2.28
Q3 2014	NEG	NEG	2.55
Q4 2014	NEG	NEG	1.76
Q1 2015	NEG	NEG	2.11
Q2 2015	NEG	NEG	2.25
Q3 2015	NEG	NEG	1.81
Q4 2015	More than 100	NEG	2.03
Q1 2016	5.05	NEG	1.41
Q2 2016	4.88	NEG	1.39
Q3 2016	3.72	NEG	1.12
Q4 2016	2.95	8.02	1.46
Q1 2017	6.53	6.73	1.29
Q2 2017	6.43	6.43	1.22
Q3 2017	6.55	6.55	1.27
Q4 2017	More than 100	More than 100	1.21
Q1 2018	More than 100	More than 100	1.21
Q2 2018	99.73	99.73	1.16
Q3 2018	91.36	91.36	0.99
Q4 2018	NEG	NEG	1.05
Q1 2019	More than 100	More than 100	1.12
Q2 2019	More than 100	More than 100	1.12

Period	P/E	Adjusted P/E	Price/book
2009	NEG	NEG	1.29
2010	NEG	NEG	1.19
2011	NEG	NEG	3.06
2012	NEG	NEG	1.97
2013	NEG	NEG	2.62
2014	NEG	NEG	1.76
2015	More than 100	NEG	2.03
2016	7.99	NEG	1.46
2017	More than 100	More than 100	1.21
2018	NEG	NEG	1.05

Business Segments (Million)

Compared With The

Period	Agri Sector- Shri Project	Agri Sector- Jouf Project	Poultry Project	Dates Factory	Dairy sector	Agricultural Activity
Q1 2013	11.09	2.87	2.50	3.17	-	-
Q2 2013	10.14	4.29	2.50	3.34	-	-
Q3 2013	10.67	4.13	2.50	1.67	-	-
Q4 2013	5.75	1.28	2.50	1.60	-	-
Q1 2014	3.60	0.70	2.50	2.14	-	-
Q2 2014	8.49	4.72	2.50	4.35	-	-
Q3 2014	7.03	4.23	2.50	1.18	-	-
Q4 2014	2.69	2.34	2.50	1.75	-	-
Q1 2015	2.33	0.74	2.50	2.57	-	-
Q2 2015	5.54	3.33	2.50	2.76	-	-
Q3 2015	7.24	2.10	2.50	0.99	-	-
Q4 2015	1.47	5.23	3.89	0.72	-	-
Q1 2016	3.45	0.48	2.50	1.72	-	-
Q2 2016	1.24	-	2.50	2.04	-	-
Q3 2016	1.60	-	1.60	0.65	-	-
Q4 2016	1.39	-	1.21	0.84	-	-
Q1 2017	1.30	-	1.72	1.81	-	-
Q2 2017	1.29	-	1.72	1.35	-	-
Q3 2017	1.53	-	1.72	1.40	-	-
Q4 2017	1.30	-	1.72	1.00	-	-
Q2 2018	1.29	-	1.69	0.91	-	-
Q3 2018	1.55	-	1.69	0.08	-	-
Q4 2018	1.29	-	1.69	-	-	-
Q1 2019	1.28	-	1.65	-	-	-
Q2 2019	1.28	-	1.65	-	-	-

Period	Agri Sector- Shri Project	Agri Sector- Jouf Project	Poultry Project	Dates Factory	Dairy sector	Agricultural Activity
2009	29.72	25.57	17.22	10.28	1.50	-
2010	25.69	25.92	19.05	10.23	-	-
2011	17.64	17.77	17.04	10.80	-	-
2012	38.20	21.20	7.42	4.91	-	-
2013	37.65	12.57	10.00	9.77	-	-
2014	21.81	11.99	10.00	9.41	-	-
2015	16.71	11.41	11.39	7.04	-	-
2016	7.68	0.48	8.71	5.26	-	-
2017	5.41	-	6.90	5.55	-	-
2018	5.41	-	6.74	-	-	-

Financial Ratios

	Current
Market Cap (M Riyal)	511.20
Enterprise Value (EV) (M)	455.09
Shares Outstanding ((M))	30.00
EPS ( Riyal) (TTM)	(0.30)
Book Value (BV) ( Riyal)	9.82
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	1.74
Return on Average Assets (%) (TTM)	(2.05 )
Return on Average Equity (%) (TTM)	(3.00 )

Al Gassim Investment Holding Co. (GACO)

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.

GACO's net profit rises over eight-fold in H1 2019

View other reports

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million)

Revenue by Business Segment (Latest) 2019 Q2

Financial Ratios

Share Price

Al Gassim Investment Holding Co. (GACO)

Comments {{getCommentCount()}}

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

{{comment.DisplayName}}

GACO's net profit rises over eight-fold in H1 2019

View other reports

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q2 2019

Revenue by Business Segment (Latest) 2019 Q2

Financial Ratios

Share Price

Al Gassim Investment Holding Co. (GACO)

Comments {{getCommentCount()}}

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

{{comment.DisplayName}}

Business Segments (Million)