Al-Babtain’s net profit falls 7% to SAR 80.3 mln in 2020

30/03/2021 Argaam Exclusive

View other reports

Al-Babtain Power and Telecommunication Co. reported net profit after Zakat and tax of SAR 80.3 million in 2020, a decline of 6.6% from SAR 86 million in 2019, due to increase in operating expenses and estimated Zakat and income tax expenses.

Financials (M)

Item	2019	2020	Change‬
Revenues	1,348.57	1,387.13	2.9 %
Gross Income	187.32	202.56	8.1 %
Operating Income	92.25	99.06	7.4 %
Net Income	86.01	80.31	(6.6 %)
Average Shares	63.95	63.95	-
EPS (Riyals)	1.35	1.26	(6.6 %)

The company’s net profit after Zakat and tax rose 16% year-on-year (YoY) to SAR 28.3 million in Q4 2020.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2019	Q4 2020	Change‬
Revenues	267.06	350.34	31.2 %
Gross Income	27.68	56.79	105.2 %
Operating Income	32.57	27.10	(16.8 %)
Net Income	24.40	28.26	15.8 %
Average Shares	63.95	63.95	-
EPS (Riyals)	0.38	0.44	15.8 %

Item	Q3 2020	Q4 2020	Change‬
Revenues	353.06	350.34	(0.8 %)
Gross Income	46.67	56.79	21.7 %
Operating Income	22.71	27.10	19.3 %
Net Income	15.31	28.26	84.6 %
Average Shares	63.95	63.95	-
EPS (Riyals)	0.24	0.44	84.6 %

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.

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

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

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.

×