Yamama Cement Co. reported a net profit after zakat and tax of SAR 256.3 million for the fiscal year 2019, compared to a net loss of SAR 51.84 million a year earlier, thanks to a rise in sales revenue and other income.
| Item | 2018 | 2019 | Change |
|---|---|---|---|
| Revenues | 521.22 | 801.88 | 53.8 % |
| Gross Income | 34.09 | 336.63 | 887.5 % |
| Operating Income | (28.19) | 269.08 | 1054.6 % |
| Net Income | (51.84) | 256.34 | 594.5 % |
| Average Shares | 202.50 | 202.50 | - |
| EPS (Riyals) | (0.26) | 1.27 | 594.5 % |
In Q4 2019, the cement producer’s net profit surged to SAR 77.80 million from SAR 6.95 million in year-earlier period.
| Item | Q4 2018 | Q4 2019 | Change |
|---|---|---|---|
| Revenues | 160.36 | 236.16 | 47.3 % |
| Gross Income | 33.32 | 104.31 | 213.1 % |
| Operating Income | 15.74 | 83.64 | 431.4 % |
| Net Income | 6.95 | 77.80 | 1019.4 % |
| Average Shares | 202.50 | 202.50 | - |
| EPS (Riyals) | 0.03 | 0.38 | 1019.4 % |
| Item | Q3 2019 | Q4 2019 | Change |
|---|---|---|---|
| Revenues | 186.50 | 236.16 | 26.6 % |
| Gross Income | 76.13 | 104.31 | 37.0 % |
| Operating Income | 60.77 | 83.64 | 37.6 % |
| Net Income | 54.73 | 77.80 | 42.1 % |
| Average Shares | 202.50 | 202.50 | - |
| EPS (Riyals) | 0.27 | 0.38 | 42.1 % |
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