BCI profit down 6% to SAR 38.6 mln in 2020

30/03/2021 Argaam Exclusive

View other reports

Basic Chemicals Industries Co. (BCI) reported a profit of SAR 38.6 million for 2020, a 6% decline, compared to a profit after Zakat and tax of SAR 41.2 million in 2019.

The company attributed the profit decline to lower revenue, as well as other operating income.

Financials (M)

Item	2019	2020	Change‬
Revenues	534.56	500.24	(6.4 %)
Gross Income	134.54	131.30	(2.4 %)
Operating Income	64.48	57.37	(11.0 %)
Net Income	41.22	31.53	(23.5 %)
Average Shares	27.50	27.50	-
EPS (Riyals)	1.50	1.15	(23.5 %)

The company’s profit fell 19% year-on-year (YoY) to SAR 8.2 million in Q4 2020.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2019	Q4 2020	Change‬
Revenues	132.07	112.99	(14.5 %)
Gross Income	32.19	28.35	(11.9 %)
Operating Income	16.01	6.61	(58.7 %)
Net Income	10.13	1.08	(89.3 %)
Average Shares	27.50	27.50	-
EPS (Riyals)	0.37	0.04	(89.3 %)

Item	Q3 2020	Q4 2020	Change‬
Revenues	115.16	112.99	(1.9 %)
Gross Income	32.19	28.35	(11.9 %)
Operating Income	16.36	6.61	(59.6 %)
Net Income	9.36	1.08	(88.4 %)
Average Shares	27.50	27.50	-
EPS (Riyals)	0.34	0.04	(88.4 %)

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.

×