Financial Results : Alujain turns to profit of SAR 60.3 mln in Q1 2021

Alujain turns to profit of SAR 60.3 mln in Q1 2021

02/05/2021 Argaam Exclusive

View other reports

Alujain Holding Corp. reported a net profit after Zakat and tax of SAR 60.3 million for the first quarter of 2021, from a net loss of SAR 46.4 million for the same period last year.



Current Quarter Comparison (M)

Compared With The
Item Q1 2020 Q1 2021 Change‬
Revenues 4.63 4.76 2.7 %
Gross Income 0.62 0.74 20.7 %
Operating Income (10.41) (4.15) 60.1 %
Net Income (46.37) 60.30 230.1 %
Average Shares 69.20 69.20 -
EPS (Riyals) (0.67) 0.87 230.1 %

The company attributed the net profit to realizing a net profit in its 57.4%-owned subsidiary, National Petrochemical Industries Company (NATPET), compared to net loss during the same quarter of the previous year.

When compared to previous quarter, net profit in Q1 2021 grew 10.1% on higher share in NATPET’s net profit.

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.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

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

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.