Financial Results : Al-Omran Trading’s net profit plunges 46% in 2017

Al-Omran Trading’s net profit plunges 46% in 2017

28/03/2018 Argaam Exclusive

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Nomu-listed Al-Omran Industries & Trading Co. reported a net profit of SAR 8.9 million for fiscal year 2017 -- a 46 percent decrease from 2016, on lower sales and margins, primarily due to economic slowdown.



Financials (M)

Item 2016 2017 Change‬
Revenues 137.09 122.25 (10.8 %)
Gross Income 32.52 28.30 (13.0 %)
Operating Income 17.71 11.11 (37.3 %)
Net Income 16.41 8.90 (45.8 %)
Average Shares 10.21 10.21 -
EPS (Riyals) 1.61 0.87 (45.8 %)


Current Half Annual Comparison (M)

Compared With The
Item H2 2016 H2 2017 Change‬
Revenues 22.45 24.11 7.4 %
Gross Income 6.57 5.45 (17.0 %)
Operating Income 2.16 0.71 (67.0 %)
Net Income 2.10 0.40 (80.8 %)
Average Shares 10.21 10.21 -
EPS (Riyals) 0.21 0.04 (80.8 %)


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
H1 2008 - - - - - -
H2 2008 - - - - - -
H1 2009 - - - - - -
H2 2009 - - - - - -
H1 2010 - - - - - -
H2 2010 - - - - - -
H1 2011 - - - - - -
H2 2011 - - - - - -
H1 2012 - - - - - -
H2 2012 - - - - - -
H1 2013 - - - - - -
H2 2013 - - - - - -
H1 2014 - - - - - -
H2 2014 - - - - - -
H1 2015 - - - - - -
H2 2015 - - - - - -
H1 2016 - - - - - -
H2 2016 22.45 - 6.57 - 2.16 -
H1 2017 47.78 - 10.89 - 5.96 -
H2 2017 24.11 7.4 % 5.45 (17.0 %) 0.71 (67.0 %)
2017 122.25 (10.8 %) 28.30 (13.0 %) 11.11 (37.3 %)


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
H1 2008 - - - - - -
H2 2008 - - - - - -
H1 2009 - - - - - -
H2 2009 - - - - - -
H1 2010 - - - - - -
H2 2010 - - - - - -
H1 2011 - - - - - -
H2 2011 - - - - - -
H1 2012 - - - - - -
H2 2012 - - - - - -
H1 2013 - - - - - -
H2 2013 - - - - - -
H1 2014 - - - - - -
H2 2014 - - - - - -
H1 2015 - - - - - -
H2 2015 - - - - - -
H1 2016 - - - - - -
H2 2016 2.10 - 0.21 - 2.10 0.21
H1 2017 5.23 - 0.51 - 5.23 0.51
H2 2017 0.40 (80.8 %) 0.04 - 0.40 0.04
2017 8.90 (45.8 %) 0.87 - 8.90 0.87

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
H1 2008 - - -
H2 2008 - - -
H1 2009 - - -
H2 2009 - - -
H1 2010 - - -
H2 2010 - - -
H1 2011 - - -
H2 2011 - - -
H1 2012 - - -
H2 2012 - - -
H1 2013 - - -
H2 2013 - - -
H1 2014 - - -
H2 2014 - - -
H1 2015 - - -
H2 2015 - - -
H1 2016 - - -
H2 2016 - - -
H1 2017 - - -
H2 2017 23.15 % 11.41 % 7.28 %
2017 23.15 % 11.41 % 7.28 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
H1 2008 - - - -
H2 2008 - - - -
H1 2009 - - - -
H2 2009 - - - -
H1 2010 - - - -
H2 2010 - - - -
H1 2011 - - - -
H2 2011 - - - -
H1 2012 - - - -
H2 2012 - - - -
H1 2013 - - - -
H2 2013 - - - -
H1 2014 - - - -
H2 2014 - - - -
H1 2015 - - - -
H2 2015 - - - -
H1 2016 - - - -
H2 2016 10.21 - - 9.89
H1 2017 10.21 - - 10.63
H2 2017 10.21 0.87 0.87 10.62

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
H1 2008 - - -
H2 2008 - - -
H1 2009 - - -
H2 2009 - - -
H1 2010 - - -
H2 2010 - - -
H1 2011 - - -
H2 2011 - - -
H1 2012 - - -
H2 2012 - - -
H1 2013 - - -
H2 2013 - - -
H1 2014 - - -
H2 2014 - - -
H1 2015 - - -
H2 2015 - - -
H1 2016 - - -
H2 2016 - - -
H1 2017 - - 1.53
H2 2017 13.78 13.78 1.13

Current
Market Cap (M Riyal) 443.40
Enterprise Value (EV) (M) 441.66
Shares Outstanding ((M)) 12.00
Book Value (BV) ( Riyal) 13.30
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) Neg
Price/book 2.78

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