Red Sea’s 2014 net profit up 3% to SAR 156.7 mln

20/01/2015 Argaam Exclusive

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Red Sea Housing Services Company reported 2014’s net profit of SAR 156.7 million, a three percent increase compared to the last year.

A net profit of SAR 29.3 million was reported for Q4-2014 compared to SAR 43.1 million for Q3.

Financials (M)

Item	2013	2014	Change‬
Revenues	971.41	1,104.95	13.7 %
Gross Income	276.24	295.15	6.8 %
Operating Income	166.63	173.36	4.0 %
Net Income	152.77	156.69	2.6 %
Average Shares	30.23	30.23	-
EPS (Riyals)	5.05	5.18	2.6 %

The company attributed the increase of 2014’s net profit, compared to the last year to:

a) The increase of total revenue by 13.75 %, which resulted from the increase of building sales by 9.16% and the increase of rental revenue by 19.53%,

b) The increase of gross profit by SAR 18.91 million, which represents an increase of 6.85%,

c) The decrease of Selling & Marketing expenses by 10.92 %.

The decline of Q4-2014’s net profit compared to the same period last year was attributed to:

1) The decrease of gross profit by 8.71%, from SAR 87.24 million in fourth quarter of previous year to SAR 79.64 million of current quarter,

2) The increase of General & Administrative expenses in current quarter as compared to the same quarter of previous year as a result of the increase of provisions for Libya factory by SAR 5.78 million, in addition to the increase in expenses resulting from executing the pillars of the 2020 Growth Strategy.

The decline of Q4-2014’s net profit compared to the previous period (Q3-2014) was attributed to:

1) The increase of General & Administrative expenses

2) Increase of Selling & marketing expenses in the current quarter as compared to previous quarter.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2013	Q4 2014	Change‬
Revenues	270.94	284.75	5.1 %
Gross Income	87.24	79.64	(8.7 %)
Operating Income	50.75	40.02	(21.1 %)
Net Income	43.52	29.27	(32.7 %)
Average Shares	30.23	30.23	-
EPS (Riyals)	1.44	0.97	(32.7 %)

Item	Q3 2014	Q4 2014	Change‬
Revenues	283.60	284.75	0.4 %
Gross Income	75.60	79.64	5.3 %
Operating Income	45.67	40.02	(12.4 %)
Net Income	43.12	29.27	(32.1 %)
Average Shares	30.23	30.23	-
EPS (Riyals)	1.43	0.97	(32.1 %)

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2005	-	-	-	-	-	-
Q2 2005	-	-	-	-	-	-
Q3 2005	-	-	-	-	-	-
Q4 2005	-	-	-	-	-	-
2005	-	-	-	-	-	-
Q1 2006	118.35	-	32.85	-	20.24	-
Q2 2006	128.94	-	41.22	-	29.08	-
Q3 2006	124.57	-	34.58	-	22.96	-
Q4 2006	16.50	-	27.62	-	23.43	-
2006	388.37	-	136.27	-	95.71	-
Q1 2007	145.89	23.3 %	48.09	46.4 %	28.85	42.6 %
Q2 2007	141.46	9.7 %	29.88	(27.5 %)	25.41	(12.6 %)
Q3 2007	256.07	105.6 %	55.61	60.8 %	42.87	86.7 %
Q4 2007	146.80	789.6 %	42.93	55.4 %	28.84	23.1 %
2007	690.22	77.7 %	176.52	29.5 %	125.98	31.6 %
Q1 2008	279.80	91.8 %	81.82	70.1 %	64.35	123.0 %
Q2 2008	317.56	124.5 %	95.05	218.1 %	71.98	183.3 %
Q3 2008	259.69	1.4 %	76.45	37.5 %	50.64	18.1 %
Q4 2008	281.84	92.0 %	52.32	21.9 %	40.60	40.8 %
2008	1,138.89	65.0 %	305.64	73.1 %	227.57	80.6 %
Q1 2009	307.63	9.9 %	81.83	0.0 %	62.38	(3.1 %)
Q2 2009	155.53	(51.0 %)	41.50	(56.3 %)	18.93	(73.7 %)
Q3 2009	169.73	(34.6 %)	35.92	(53.0 %)	25.67	(49.3 %)
Q4 2009	218.67	(22.4 %)	47.05	(10.1 %)	24.54	(39.5 %)
2009	851.55	(25.2 %)	198.98	(34.9 %)	131.52	(42.2 %)
Q1 2010	147.00	(52.2 %)	46.64	(43.0 %)	30.83	(50.6 %)
Q2 2010	162.97	4.8 %	34.84	(16.0 %)	23.26	22.9 %
Q3 2010	173.14	2.0 %	42.15	17.4 %	29.57	15.2 %
Q4 2010	261.60	19.6 %	65.32	38.8 %	37.48	52.7 %
2010	744.70	(12.5 %)	188.95	(5.0 %)	121.15	(7.9 %)
Q1 2011	205.27	39.6 %	51.53	10.5 %	35.65	15.6 %
Q2 2011	188.78	15.8 %	37.52	7.7 %	25.18	8.2 %
Q3 2011	189.04	9.2 %	24.07	(42.9 %)	12.44	(57.9 %)
Q4 2011	192.49	(26.4 %)	35.07	(46.3 %)	12.05	(67.9 %)
2011	775.58	4.1 %	148.19	(21.6 %)	85.31	(29.6 %)
Q1 2012	221.00	7.7 %	51.72	0.4 %	36.72	3.0 %
Q2 2012	196.45	4.1 %	46.11	22.9 %	31.48	25.1 %
Q3 2012	244.47	29.3 %	62.13	158.1 %	28.68	130.5 %
Q4 2012	202.92	5.4 %	63.70	81.6 %	37.81	213.9 %
2012	864.85	11.5 %	223.66	50.9 %	134.68	57.9 %
Q1 2013	205.42	(7.0 %)	53.67	3.8 %	33.99	(7.4 %)
Q2 2013	223.45	13.7 %	55.04	19.4 %	35.34	12.2 %
Q3 2013	271.60	11.1 %	80.29	29.2 %	46.55	62.3 %
Q4 2013	270.94	33.5 %	87.24	37.0 %	50.75	34.2 %
2013	971.41	12.3 %	276.24	23.5 %	166.63	23.7 %
Q1 2014	268.97	30.9 %	72.41	34.9 %	46.09	35.6 %
Q2 2014	267.63	19.8 %	67.50	22.7 %	41.59	17.7 %
Q3 2014	283.60	4.4 %	75.60	(5.8 %)	45.67	(1.9 %)
Q4 2014	284.75	5.1 %	79.64	(8.7 %)	40.02	(21.1 %)
2014	1,104.95	13.7 %	295.15	6.8 %	173.36	4.0 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2005	-	-	-	-	-	-
2006	388.37	-	136.27	-	95.71	-
2007	690.22	77.7 %	176.52	29.5 %	125.98	31.6 %
2008	1,138.89	65.0 %	305.64	73.1 %	227.57	80.6 %
2009	851.55	(25.2 %)	198.98	(34.9 %)	131.52	(42.2 %)
2010	744.70	(12.5 %)	188.95	(5.0 %)	121.15	(7.9 %)
2011	775.58	4.1 %	148.19	(21.6 %)	85.31	(29.6 %)
2012	864.85	11.5 %	223.66	50.9 %	134.68	57.9 %
2013	971.41	12.3 %	276.24	23.5 %	166.63	23.7 %
2014	1,104.95	13.7 %	295.15	6.8 %	173.36	4.0 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2005	-	-	-	-	-	-
Q2 2005	-	-	-	-	-	-
Q3 2005	-	-	-	-	-	-
Q4 2005	-	-	-	-	-	-
2005	-	-	-	-	-	-
Q1 2006	22.71	-	0.75	-	22.71	0.75
Q2 2006	26.68	-	0.88	-	26.68	0.88
Q3 2006	21.74	-	0.72	-	21.73	0.72
Q4 2006	18.53	-	0.61	-	18.53	0.61
2006	89.66	-	2.97	-	89.66	2.97
Q1 2007	27.06	19.2 %	0.90	-	27.06	0.90
Q2 2007	23.08	(13.5 %)	0.76	-	23.08	0.76
Q3 2007	38.26	76.0 %	1.27	-	38.26	1.27
Q4 2007	28.91	56.0 %	0.96	-	28.91	0.96
2007	117.31	30.8 %	3.88	-	117.31	3.88
Q1 2008	56.27	107.9 %	1.86	-	56.27	1.86
Q2 2008	67.30	191.6 %	2.23	-	67.30	2.23
Q3 2008	49.20	28.6 %	1.63	-	49.20	1.63
Q4 2008	41.27	42.8 %	1.37	-	41.27	1.37
2008	214.04	82.5 %	7.08	-	214.04	7.08
Q1 2009	57.95	3.0 %	1.92	-	57.95	1.92
Q2 2009	18.61	(72.4 %)	0.62	-	18.61	0.62
Q3 2009	24.43	(50.3 %)	0.81	-	24.43	0.81
Q4 2009	22.72	(44.9 %)	0.75	-	22.72	0.75
2009	123.52	(42.3 %)	4.09	-	123.52	4.09
Q1 2010	24.15	(58.3 %)	0.80	-	24.15	0.80
Q2 2010	14.52	(22.0 %)	0.48	-	14.52	0.48
Q3 2010	(2.30)	(109.4 %)	(0.08)	-	(2.30)	(0.08)
Q4 2010	24.67	8.6 %	0.82	-	65.40	2.16
2010	61.03	(50.6 %)	2.02	-	101.76	3.37
Q1 2011	32.23	33.5 %	1.07	-	32.23	1.07
Q2 2011	21.38	47.3 %	0.71	-	21.38	0.71
Q3 2011	12.75	653.4 %	0.42	-	12.75	0.42
Q4 2011	11.53	(53.3 %)	0.38	-	11.53	0.38
2011	77.90	27.6 %	2.58	-	77.90	2.58
Q1 2012	31.56	(2.1 %)	1.04	-	31.56	1.04
Q2 2012	30.72	43.7 %	1.02	-	30.72	1.02
Q3 2012	25.28	98.2 %	0.84	-	25.28	0.84
Q4 2012	33.07	186.8 %	1.09	-	33.07	1.09
2012	120.62	54.8 %	3.99	-	120.62	3.99
Q1 2013	31.72	0.5 %	1.05	-	31.72	1.05
Q2 2013	33.12	7.8 %	1.10	-	33.12	1.10
Q3 2013	44.42	75.7 %	1.47	-	44.42	1.47
Q4 2013	43.52	31.6 %	1.44	-	43.52	1.44
2013	152.77	26.7 %	5.05	-	152.77	5.05
Q1 2014	43.52	37.2 %	1.44	-	43.52	1.44
Q2 2014	40.78	23.1 %	1.35	-	40.78	1.35
Q3 2014	43.12	(2.9 %)	1.43	-	43.12	1.43
Q4 2014	29.27	(32.7 %)	0.97	-	29.27	0.97
2014	156.69	2.6 %	5.18	-	156.69	5.18

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2005	-	-	-	-	-	-
2006	89.66	-	2.97	-	89.66	2.97
2007	117.31	30.8 %	3.88	-	117.31	3.88
2008	214.04	82.5 %	7.08	-	214.04	7.08
2009	123.52	(42.3 %)	4.09	-	123.52	4.09
2010	61.03	(50.6 %)	2.02	-	101.76	3.37
2011	77.90	27.6 %	2.58	-	77.90	2.58
2012	120.62	54.8 %	3.99	-	120.62	3.99
2013	152.77	26.7 %	5.05	-	152.77	5.05
2014	156.69	2.6 %	5.18	-	156.69	5.18

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2005	-	-	-
Q2 2005	-	-	-
Q3 2005	-	-	-
Q4 2005	-	-	-
2005	-	-	-
Q1 2006	-	-	-
Q2 2006	-	-	-
Q3 2006	-	-	-
Q4 2006	35.09 %	26.50 %	23.09 %
2006	35.09 %	26.50 %	23.09 %
Q1 2007	36.43 %	27.41 %	22.60 %
Q2 2007	32.72 %	27.15 %	21.10 %
Q3 2007	28.79 %	25.88 %	19.10 %
Q4 2007	25.57 %	22.96 %	17.00 %
2007	25.57 %	22.96 %	17.00 %
Q1 2008	25.51 %	24.52 %	17.78 %
Q2 2008	27.53 %	25.03 %	19.07 %
Q3 2008	29.51 %	26.38 %	20.09 %
Q4 2008	26.84 %	24.48 %	18.79 %
2008	26.84 %	24.48 %	18.79 %
Q1 2009	26.20 %	23.82 %	18.49 %
Q2 2009	25.09 %	22.18 %	16.63 %
Q3 2009	23.13 %	21.26 %	15.55 %
Q4 2009	24.23 %	20.94 %	14.53 %
2009	23.37 %	20.94 %	14.50 %
Q1 2010	24.76 %	20.68 %	13.01 %
Q2 2010	23.55 %	20.77 %	12.29 %
Q3 2010	24.32 %	20.64 %	8.42 %
Q4 2010	25.37 %	20.80 %	13.66 %
2010	25.37 %	20.80 %	13.66 %
Q1 2011	24.14 %	19.95 %	13.68 %
Q2 2011	23.71 %	19.80 %	14.08 %
Q3 2011	21.12 %	18.17 %	15.60 %
Q4 2011	19.11 %	17.38 %	10.04 %
2011	19.11 %	17.38 %	10.04 %
Q1 2012	18.75 %	18.31 %	9.76 %
Q2 2012	19.65 %	20.12 %	10.83 %
Q3 2012	22.83 %	21.20 %	11.60 %
Q4 2012	25.86 %	24.17 %	13.95 %
2012	25.86 %	24.17 %	13.95 %
Q1 2013	26.57 %	24.38 %	14.22 %
Q2 2013	26.77 %	24.06 %	14.06 %
Q3 2013	27.97 %	25.56 %	15.75 %
Q4 2013	28.44 %	25.00 %	15.73 %
2013	28.44 %	25.00 %	15.73 %
Q1 2014	28.50 %	24.75 %	15.90 %
Q2 2014	28.49 %	25.28 %	15.96 %
Q3 2014	27.75 %	26.09 %	15.67 %
Q4 2014	26.71 %	26.19 %	14.18 %
2014	26.71 %	26.19 %	14.18 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2005	-	-	-
2006	35.09 %	26.50 %	23.09 %
2007	25.57 %	22.96 %	17.00 %
2008	26.84 %	24.48 %	18.79 %
2009	23.37 %	20.94 %	14.50 %
2010	25.37 %	20.80 %	13.66 %
2011	19.11 %	17.38 %	10.04 %
2012	25.86 %	24.17 %	13.95 %
2013	28.44 %	25.00 %	15.73 %
2014	26.71 %	26.19 %	14.18 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2005	-	-	-
Q2 2005	-	-	-
Q3 2005	-	-	-
Q4 2005	-	-	-
Q1 2006	27.75 %	17.90 %	19.19 %
Q2 2006	31.97 %	25.56 %	20.69 %
Q3 2006	27.75 %	17.75 %	17.45 %
Q4 2006	167.40 %	161.53 %	112.28 %
Q1 2007	32.97 %	22.12 %	18.55 %
Q2 2007	21.13 %	24.93 %	16.32 %
Q3 2007	21.72 %	19.79 %	14.94 %
Q4 2007	29.25 %	27.40 %	19.69 %
Q1 2008	29.24 %	27.13 %	20.11 %
Q2 2008	29.93 %	26.31 %	21.19 %
Q3 2008	29.44 %	25.08 %	18.94 %
Q4 2008	18.56 %	19.25 %	14.64 %
Q1 2009	26.60 %	24.36 %	18.84 %
Q2 2009	26.68 %	18.32 %	11.96 %
Q3 2009	21.16 %	21.70 %	14.39 %
Q4 2009	21.52 %	17.42 %	10.39 %
Q1 2010	31.73 %	26.84 %	16.43 %
Q2 2010	21.38 %	18.82 %	8.91 %
Q3 2010	24.34 %	21.18 %	(1.33 %)
Q4 2010	24.97 %	18.40 %	25.00 %
Q1 2011	25.10 %	21.79 %	15.70 %
Q2 2011	19.87 %	18.31 %	11.33 %
Q3 2011	12.73 %	13.80 %	6.75 %
Q4 2011	18.22 %	15.27 %	5.99 %
Q1 2012	23.40 %	24.80 %	14.28 %
Q2 2012	23.47 %	25.69 %	15.64 %
Q3 2012	25.41 %	19.00 %	10.34 %
Q4 2012	31.39 %	28.25 %	16.30 %
Q1 2013	26.13 %	25.72 %	15.44 %
Q2 2013	24.63 %	24.26 %	14.82 %
Q3 2013	29.56 %	24.49 %	16.35 %
Q4 2013	32.20 %	25.57 %	16.06 %
Q1 2014	26.92 %	24.57 %	16.18 %
Q2 2014	25.22 %	26.51 %	15.24 %
Q3 2014	26.66 %	27.64 %	15.20 %
Q4 2014	27.97 %	25.98 %	10.28 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2005	-	-	-	-
Q2 2005	-	-	-	-
Q3 2005	-	-	-	-
Q4 2005	-	-	-	-
Q1 2006	30.23	-	-	12.13
Q2 2006	30.23	-	-	13.35
Q3 2006	30.23	-	-	13.73
Q4 2006	30.23	2.97	2.97	15.09
Q1 2007	30.23	3.11	3.11	15.99
Q2 2007	30.23	2.99	2.99	15.26
Q3 2007	30.23	3.54	3.54	16.53
Q4 2007	30.23	3.88	3.88	17.48
Q1 2008	30.23	4.85	4.85	19.35
Q2 2008	30.23	6.31	6.31	19.55
Q3 2008	30.23	6.67	6.67	21.19
Q4 2008	30.23	7.08	7.08	22.54
Q1 2009	30.23	7.14	7.14	24.48
Q2 2009	30.23	5.52	5.52	21.63
Q3 2009	30.23	4.71	4.71	22.44
Q4 2009	30.23	4.09	4.09	23.20
Q1 2010	30.23	2.97	2.97	23.99
Q2 2010	30.23	2.84	2.84	22.49
Q3 2010	30.23	1.95	1.95	22.41
Q4 2010	30.23	2.02	3.37	23.21
Q1 2011	30.23	2.29	3.63	24.28
Q2 2011	30.23	2.51	3.86	24.01
Q3 2011	30.23	3.01	4.36	24.33
Q4 2011	30.23	2.58	2.58	24.54
Q1 2012	30.23	2.55	2.55	25.48
Q2 2012	30.23	2.86	2.86	25.13
Q3 2012	30.23	3.28	3.28	25.99
Q4 2012	30.23	3.99	3.99	27.21
Q1 2013	30.23	3.99	3.99	28.30
Q2 2013	30.23	4.07	4.07	27.54
Q3 2013	30.23	4.71	4.71	28.21
Q4 2013	30.23	5.05	5.05	29.59
Q1 2014	30.23	5.44	5.44	31.03
Q2 2014	30.23	5.70	5.70	29.90
Q3 2014	30.23	5.65	5.65	31.25
Q4 2014	30.23	5.18	5.18	32.11

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2005	-	-	-	-
2006	30.23	2.97	2.97	15.09
2007	30.23	3.88	3.88	17.48
2008	30.23	7.08	7.08	22.54
2009	30.23	4.09	4.09	23.20
2010	30.23	2.02	3.37	23.21
2011	30.23	2.58	2.58	24.54
2012	30.23	3.99	3.99	27.21
2013	30.23	5.05	5.05	29.59
2014	30.23	5.18	5.18	32.11

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2005	-	-	-
Q2 2005	-	-	-
Q3 2005	-	-	-
Q4 2005	-	-	-
Q1 2006	-	-	-
Q2 2006	-	-	-
Q3 2006	-	-	-
Q4 2006	19.07	19.07	3.75
Q1 2007	21.22	21.23	4.13
Q2 2007	18.75	18.75	3.67
Q3 2007	16.62	16.62	3.56
Q4 2007	17.58	17.58	3.90
Q1 2008	12.95	12.95	3.24
Q2 2008	15.14	15.14	4.88
Q3 2008	13.31	13.31	4.19
Q4 2008	10.48	10.48	3.29
Q1 2009	8.45	8.45	2.46
Q2 2009	12.03	12.03	3.07
Q3 2009	13.13	13.13	2.75
Q4 2009	14.85	14.85	2.62
Q1 2010	20.19	20.19	2.50
Q2 2010	18.71	18.71	2.36
Q3 2010	20.51	20.51	1.79
Q4 2010	26.67	15.99	2.32
Q1 2011	23.33	14.68	2.20
Q2 2011	20.43	13.30	2.14
Q3 2011	14.46	9.99	1.79
Q4 2011	16.83	16.83	1.77
Q1 2012	20.69	20.69	2.07
Q2 2012	13.03	13.03	1.48
Q3 2012	12.55	12.55	1.58
Q4 2012	10.34	10.34	1.52
Q1 2013	11.72	11.72	1.65
Q2 2013	12.14	12.14	1.80
Q3 2013	12.59	12.59	2.10
Q4 2013	14.33	14.33	2.45
Q1 2014	20.60	20.60	3.61
Q2 2014	20.56	20.56	3.92
Q3 2014	21.22	21.22	3.84
Q4 2014	13.85	13.85	2.24

Period	P/E	Adjusted P/E	Price/book
2005	-	-	-
2006	19.07	19.07	3.75
2007	17.58	17.58	3.90
2008	10.48	10.48	3.29
2009	14.88	14.88	2.62
2010	26.67	15.99	2.32
2011	16.83	16.83	1.77
2012	10.34	10.34	1.52
2013	14.33	14.33	2.45
2014	13.85	13.85	2.24

Business Segments (Million)

Compared With The

Period	Manufacture & sale	property Leasing	Paints
Q1 2006	113.68	4.67	-
Q2 2006	123.97	4.98	-
Q3 2006	120.42	4.15	-
Q4 2006	14.22	2.28	-
Q1 2007	136.80	9.09	-
Q2 2007	118.17	23.28	-
Q3 2007	224.35	31.72	-
Q4 2007	110.79	36.01	-
Q1 2008	236.09	43.70	-
Q2 2008	276.44	41.12	-
Q3 2008	211.20	48.50	-
Q4 2008	236.08	45.76	-
Q1 2009	268.12	39.51	-
Q2 2009	125.81	29.72	-
Q3 2009	142.97	26.76	-
Q4 2009	194.03	24.64	-
Q1 2010	123.13	23.86	-
Q2 2010	138.04	24.94	-
Q3 2010	147.60	25.54	-
Q4 2010	232.96	28.64	-
Q1 2011	174.05	31.22	-
Q2 2011	147.47	41.30	-
Q3 2011	137.09	51.95	-
Q4 2011	126.68	65.81	-
Q1 2012	158.87	62.12	-
Q2 2012	124.75	71.70	-
Q3 2012	172.46	72.02	-
Q4 2012	124.61	78.31	-
Q1 2013	133.49	71.86	0.07
Q2 2013	144.10	78.09	1.27
Q3 2013	198.44	70.55	2.61
Q4 2013	187.31	81.05	2.57
Q1 2014	177.96	87.55	3.46
Q2 2014	161.40	101.21	5.02
Q3 2014	190.82	85.23	7.56
Q4 2014	193.96	86.47	4.32

Period	Manufacture & sale	property Leasing	Paints
2006	372.29	16.08	-
2007	590.12	100.10	-
2008	959.81	179.08	-
2009	730.93	120.62	-
2010	641.73	102.97	-
2011	585.30	190.28	-
2012	580.69	284.15	-
2013	663.34	301.55	6.52
2014	724.13	360.46	20.35

Financial Ratios

	Current
Market Cap (M Riyal)	819.23
Enterprise Value (EV) (M)	1,322.80
Shares Outstanding ((M))	30.23
EPS ( Riyal) (TTM)	(0.75)
Book Value (BV) ( Riyal)	2.57
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	10.54
Return on Average Assets (%) (TTM)	(1.40 )
Return on Average Equity (%) (TTM)	(25.47 )

Red Sea International Co. (RED SEA)

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Red Sea’s 2014 net profit up 3% to SAR 156.7 mln

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Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million)

Revenue by Business Segment (Latest) 2014 Q4

Financial Ratios

Share Price

Red Sea International Co. (RED SEA)

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Red Sea’s 2014 net profit up 3% to SAR 156.7 mln

View other reports

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q4 2014

Revenue by Business Segment (Latest) 2014 Q4

Financial Ratios

Share Price

Red Sea International Co. (RED SEA)

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Business Segments (Million)