Financial Results : Jabal Omar turns to loss of SAR 217.3 mln in Q1 2020

Jabal Omar turns to loss of SAR 217.3 mln in Q1 2020

22/06/2020 Argaam Exclusive

View other reports

Jabal Omar Development Co. reported a net loss after Zakat and tax of SAR 217.3 million for the first quarter of 2020, compared to a net profit of SAR 1.6 million in the same period last year.



Current Quarter Comparison (M)

Compared With The
Item Q1 2019 Q1 2020 Change‬
Revenues 177.62 158.60 (10.7 %)
Gross Income (11.55) (1.68) 85.5 %
Operating Income (68.73) (67.53) 1.8 %
Net Income 1.62 (237.86) (14800.9 %)
Average Shares 929.40 929.40 -
EPS (Riyals) 0.00 (0.26) (14800.9 %)

The net loss was attributed to a decline in other income.

 

When compared to the previous quarter, the developer’s net loss after Zakat and tax narrowed 37% due to lower selling and marketing expenses, as well as decline in general and administrative expenses.

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.