Alujain posts 83% surge in FY2019 net profit to SAR 191.2 mln

02/07/2020 Argaam Exclusive

View other reports

Alujain Holding Corp posted net profit after Zakat and tax of SAR 191.2 million for the fiscal year 2019, a rise of 83% compared to net profit of SAR 104.8 million a year earlier.

 

The profit increase was spurred by an increase of SAR 87 million year-on-year in the company’s profit share from National Petrochemical Industrial Co. (NATPET). 



Financials (M)

Item 2018 2019 Change‬
Revenues 25.87 23.73 (8.3 %)
Gross Income 4.64 5.70 23.0 %
Operating Income (15.27) (11.71) 23.3 %
Net Income 104.75 191.16 82.5 %
Average Shares 69.20 69.20 -
EPS (Riyals) 1.51 2.76 82.5 %

In Q4 2019, net profit stood at SAR 449.3 million.



Current Quarter Comparison (M)

Compared With The
Item Q4 2018 Q4 2019 Change‬
Revenues 7.02 5.73 (18.3 %)
Gross Income 1.57 1.53 (2.4 %)
Operating Income (3.69) (6.72) (82.0 %)
Net Income (49.29) 449.33 1011.6 %
Average Shares 69.20 69.20 -
EPS (Riyals) (0.71) 6.49 1011.6 %

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.


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
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.