Financial Results : National Gypsum posts SAR 37.2 mln profit in 2020

National Gypsum posts SAR 37.2 mln profit in 2020

30/03/2021 Argaam Exclusive

View other reports

National Gypsum Co. reported a net profit after Zakat and tax of SAR 37.2 million for 2020, a more than threefold increase from SAR 10.9 million in 2019.



Financials (M)

Item 2019 2020 Change‬
Revenues 70.18 103.76 47.8 %
Gross Income 20.21 48.67 140.9 %
Operating Income 11.94 35.71 199.1 %
Net Income 10.91 31.77 191.3 %
Average Shares 31.67 31.67 -
Earnings Per Share before unusual items (Riyals) 0.34 1.00 191.3 %
EPS (Riyal) 0.34 1.00 191.3 %

The company attributed the profit rise to higher net sales by 52.5% and lower costs, which in turn contributed to improved profit margins.

 

In Q4 2020, the company's net profit after Zakat and tax declined 47% year-on-year (YoY) to SAR 5 million.



Current Quarter Comparison (M)

Compared With The
Item Q4 2019 Q4 2020 Change‬
Revenues 24.92 21.37 (14.2 %)
Gross Income 11.61 6.92 (40.4 %)
Operating Income 9.26 1.17 (87.4 %)
Net Income 9.34 (0.47) (105.1 %)
Average Shares 31.67 31.67 -
Earnings Per Share before unusual items (Riyal) 0.30 (0.01) (105.1 %)
EPS (Riyal) 0.30 (0.01) (105.1 %)

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.