Sadr Logistics Co. reported a net profit after Zakat and tax of SAR 601,000 in Q1 2021, compared to a net loss after Zakat and tax of SAR 325,000 in Q1 2020.
The profit was driven by a 45% rise in sales in all sectors of the company.
Item | Q1 2020 | Q1 2021 | Change |
---|---|---|---|
Revenues | 10.26 | 14.88 | 45.0 % |
Gross Income | 2.35 | 4.41 | 88.2 % |
Operating Income | (0.31) | 0.77 | 348.2 % |
Net Income | (0.33) | 0.60 | 284.9 % |
Average Shares | 153.96 | 153.96 | - |
EPS (Riyals) | 0.00 | 0.00 | 284.9 % |
Item | Q4 2020 | Q1 2021 | Change |
---|---|---|---|
Revenues | 21.58 | 14.88 | (31.1 %) |
Gross Income | 4.90 | 4.41 | (10.0 %) |
Operating Income | 1.81 | 0.77 | (57.6 %) |
Net Income | 0.81 | 0.60 | (25.4 %) |
Average Shares | 153.96 | 153.96 | - |
EPS (Riyals) | 0.01 | 0.00 | (25.4 %) |
When compared to the previous quarter, net profit fell 29.7% in Q1 2021.
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