Financial Results : SPIMACO profit falls 42% to SAR 24.5 mln in Q1 2021

SPIMACO profit falls 42% to SAR 24.5 mln in Q1 2021

10/05/2021 Argaam Exclusive

View other reports

Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO) reported a net profit after Zakat and tax of SAR 24.5 million in Q1 2021, a decrease of 42%, from SAR 41.9 million in Q1 2020.

 

The profit decline was attributed to lower sales and gross profit.

 



Current Quarter Comparison (M)

Compared With The
Item Q1 2020 Q1 2021 Change‬
Revenues 475.72 454.81 (4.4 %)
Gross Income 198.73 142.00 (28.5 %)
Operating Income 57.44 19.82 (65.5 %)
Net Income 45.60 26.15 (42.7 %)
Average Shares 120.00 120.00 -
EPS (Riyals) 0.38 0.22 (42.7 %)

When compared to the previous quarter, the company turned to a profit, as sales increased by SAR 87 million.

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.