Naseej swings to SAR 10.2 mln profit in 9M 2022, turns to SAR 1.7 mln loss in Q3

09/11/2022 Argaam Exclusive

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Naseej International Trading Co. turned to a net profit after Zakat and tax of SAR 10.2 million in the first nine months of 2022, against a net loss of SAR 21.9 million in the year-earlier period.

Financials (M)

Item	9m 2021	9m 2022	Change‬
Revenues	181.41	215.09	18.6 %
Gross Income	23.23	48.82	110.2 %
Operating Income	(13.02)	18.03	238.5 %
Net Income	(21.87)	10.24	146.8 %
Average Shares	8.91	10.90	22.3 %
EPS (Riyals)	(2.46)	0.94	138.3 %

The positive results were backed by higher sales and improved margins on the utilization of production capacity and lower prices of raw materials. The trading company also reported a decline in operating expenses (opex) and finance charges.

In Q3 2022, the company trimmed net losses after Zakat and tax to SAR 1.7 million, from SAR 11.58 million a year earlier, as sales jumped 37% year-on-year (YoY), along with improved profit margin from a better product mix. It also reported better utilization of production capacity and production rates, which pushed cost per unti lower. In addition, prices of polypropylene decreased.

In Q2 2022, Naseej reported a net profit of SAR 5.51 million. The quarterly losses were attributed to an 11% drop in sales, amid a slowdown in consumer activity, in addition to inflationary pressures that significantly affected spending on consumer goods in general. Naseej also allocated a provision of SAR 4.5 million for Zakat assessments for previous years.

Current Quarter Comparison (M)

Compared With The

Item	Q3 2021	Q3 2022	Change‬
Revenues	45.28	61.87	36.6 %
Gross Income	1.74	11.26	548.4 %
Operating Income	(8.98)	3.13	134.8 %
Net Income	(11.58)	(1.73)	85.1 %
Average Shares	8.91	10.90	22.3 %
EPS (Riyals)	(1.30)	(0.16)	87.8 %

Item	Q2 2022	Q3 2022	Change‬
Revenues	69.59	61.87	(11.1 %)
Gross Income	18.64	11.26	(39.6 %)
Operating Income	8.25	3.13	(62.1 %)
Net Income	5.51	(1.73)	(131.4 %)
Average Shares	10.90	10.90	-
EPS (Riyals)	0.51	(0.16)	(131.4 %)

Total shareholders’ equity, no minority interest, grew to SAR 119.216 million by the end of the nine-month period, from SAR 33.560 million a year earlier.

Accumulated losses stood at SAR 10.24 million as of Sept. 30, 2022, or 9.40% of the company’s capital.

View more financial results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2013	220.90	(0.4 %)	56.05	(4.3 %)	11.91	(14.4 %)
Q2 2013	229.80	(11.5 %)	49.41	(29.4 %)	8.48	(57.1 %)
Q3 2013	200.39	(17.2 %)	58.35	(19.0 %)	9.90	(48.8 %)
Q4 2013	215.14	(7.6 %)	42.90	(23.0 %)	(3.65)	(138.7 %)
2013	866.22	(9.4 %)	206.71	(19.4 %)	26.64	(57.4 %)
Q1 2014	214.93	(2.7 %)	42.47	(24.2 %)	(2.39)	(120.1 %)
Q2 2014	221.03	(3.8 %)	51.14	3.5 %	6.76	(20.3 %)
Q3 2014	199.54	(0.4 %)	48.04	(17.7 %)	3.15	(68.2 %)
Q4 2014	209.17	(2.8 %)	28.50	(33.6 %)	(23.19)	(535.0 %)
2014	844.67	(2.5 %)	171.43	(17.1 %)	(14.39)	(154.0 %)
Q1 2015	210.96	(1.8 %)	42.03	(1.0 %)	(0.87)	63.4 %
Q2 2015	239.17	8.2 %	56.36	10.2 %	7.51	11.0 %
Q3 2015	168.57	(15.5 %)	35.12	(26.9 %)	(9.45)	(400.1 %)
Q4 2015	193.67	(7.4 %)	30.35	6.5 %	(11.78)	49.2 %
2015	812.37	(3.8 %)	163.86	(4.4 %)	(14.60)	(1.5 %)
Q1 2016	172.11	(18.4 %)	51.76	23.2 %	9.33	1168.0 %
Q2 2016	178.93	(25.2 %)	52.27	(7.3 %)	14.19	89.1 %
Q3 2016	106.81	(36.6 %)	11.83	(66.3 %)	(21.83)	(130.9 %)
Q4 2016	128.57	(33.6 %)	2.80	(90.8 %)	(62.30)	(429.1 %)
2016	608.95	(25.0 %)	106.80	(34.8 %)	(79.80)	(446.6 %)
Q1 2017	136.12	(20.9 %)	30.17	(41.7 %)	1.76	(81.2 %)
Q2 2017	141.23	(21.1 %)	25.18	(51.8 %)	(2.55)	(117.9 %)
Q3 2017	101.46	(5.0 %)	7.85	(33.6 %)	(16.01)	26.7 %
Q4 2017	121.76	(5.3 %)	15.15	441.9 %	(21.68)	65.2 %
2017	500.57	(17.8 %)	78.35	(26.6 %)	(38.47)	51.8 %
Q1 2018	110.12	(19.1 %)	23.81	(21.1 %)	6.15	249.7 %
Q2 2018	113.78	(19.4 %)	27.32	8.5 %	8.13	419.6 %
Q3 2018	80.89	(20.3 %)	15.59	98.6 %	(0.73)	95.5 %
Q4 2018	96.27	(20.9 %)	(18.86)	(224.5 %)	(34.89)	(61.0 %)
2018	401.05	(19.9 %)	47.85	(38.9 %)	(21.33)	44.6 %
Q1 2019	64.97	(41.0 %)	1.13	(95.3 %)	(14.94)	(342.8 %)
Q2 2019	52.78	(53.6 %)	(9.75)	(135.7 %)	(26.22)	(422.4 %)
Q3 2019	64.65	(20.1 %)	1.85	(88.1 %)	(13.63)	(1,775.0 %)
Q4 2019	49.96	(48.1 %)	(8.08)	57.2 %	(18.38)	47.3 %
2019	232.35	(42.1 %)	(14.85)	(131.0 %)	(73.18)	(243.0 %)
Q1 2020	43.03	(33.8 %)	1.60	42.0 %	(14.38)	3.8 %
Q2 2020	36.98	(29.9 %)	1.95	120.0 %	(11.93)	54.5 %
Q3 2020	48.52	(24.9 %)	1.80	(2.7 %)	(36.94)	(171.0 %)
Q4 2020	63.67	27.4 %	17.14	312.2 %	(16.43)	10.6 %
2020	192.20	(17.3 %)	22.49	251.5 %	(79.67)	(8.9 %)
Q1 2021	70.26	63.3 %	10.15	535.0 %	(2.39)	83.4 %
Q2 2021	65.86	78.1 %	11.34	482.4 %	(1.65)	86.2 %
Q3 2021	45.28	(6.7 %)	1.74	(3.5 %)	(8.98)	75.7 %
Q4 2021	48.79	(23.4 %)	4.42	(74.2 %)	(61.01)	(271.4 %)
2021	230.20	19.8 %	27.65	23.0 %	(74.02)	7.1 %
Q1 2022	83.63	19.0 %	18.93	86.4 %	6.64	378.6 %
Q2 2022	69.59	5.7 %	18.64	64.3 %	8.25	600.5 %
Q3 2022	61.87	36.6 %	11.26	548.4 %	3.13	134.8 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2012	956.11	9.8 %	256.34	15.0 %	62.46	31.2 %
2013	866.22	(9.4 %)	206.71	(19.4 %)	26.64	(57.4 %)
2014	844.67	(2.5 %)	171.43	(17.1 %)	(14.39)	(154.0 %)
2015	812.37	(3.8 %)	163.86	(4.4 %)	(14.60)	(1.5 %)
2016	608.95	(25.0 %)	106.80	(34.8 %)	(79.80)	(446.6 %)
2017	500.57	(17.8 %)	78.35	(26.6 %)	(38.47)	51.8 %
2018	401.05	(19.9 %)	47.85	(38.9 %)	(21.33)	44.6 %
2019	232.35	(42.1 %)	(14.85)	(131.0 %)	(73.18)	(243.0 %)
2020	192.20	(17.3 %)	22.49	251.5 %	(79.67)	(8.9 %)
2021	230.20	19.8 %	27.65	23.0 %	(74.02)	7.1 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2013	10.55	0.6 %	1.78	-	10.55	1.78
Q2 2013	7.72	(53.7 %)	1.30	-	7.72	1.30
Q3 2013	(6.86)	(142.0 %)	(1.16)	-	(6.86)	(1.16)
Q4 2013	1.67	(81.6 %)	0.28	-	1.67	0.28
2013	13.07	(75.1 %)	2.21	-	13.07	2.21
Q1 2014	(4.77)	(145.2 %)	(0.80)	-	(4.77)	(0.80)
Q2 2014	6.09	(21.1 %)	1.03	-	6.09	1.03
Q3 2014	(1.14)	83.4 %	(0.19)	(0.26)	(0.88)	(0.15)
Q4 2014	(29.70)	(1878.4 %)	(5.01)	(5.07)	(24.63)	(4.15)
2014	(29.52)	(325.8 %)	(4.98)	(5.33)	(24.19)	(4.08)
Q1 2015	(2.89)	39.4 %	(0.49)	0.37	(3.26)	(0.55)
Q2 2015	3.90	(36.0 %)	0.66	2.02	1.88	0.32
Q3 2015	(14.87)	(1,207.6 %)	(2.51)	-	(14.87)	(2.51)
Q4 2015	(40.71)	(37.1 %)	(6.87)	-	(40.71)	(6.87)
2015	(54.57)	(84.9 %)	(9.21)	2.38	(56.96)	(9.61)
Q1 2016	3.10	207.2 %	0.52	-	3.10	0.52
Q2 2016	0.11	(97.3 %)	0.02	-	0.11	0.02
Q3 2016	(35.48)	(138.6 %)	(5.99)	-	(35.48)	(5.99)
Q4 2016	(58.83)	(44.5 %)	(9.93)	-	(58.83)	(9.93)
2016	(94.73)	(73.6 %)	(15.98)	-	(94.73)	(15.98)
Q1 2017	1.44	(53.7 %)	0.24	-	1.44	0.24
Q2 2017	(29.54)	(27711.2 %)	(4.98)	(17.59)	(11.95)	(2.02)
Q3 2017	(49.47)	(39.4 %)	(8.35)	(26.22)	(23.25)	(3.92)
Q4 2017	(10.76)	81.7 %	(1.82)	-	(10.76)	(1.82)
2017	(88.34)	6.7 %	(14.90)	(43.81)	(44.53)	(7.51)
Q1 2018	1.40	(2.6 %)	0.24	-	1.40	0.24
Q2 2018	0.92	103.1 %	0.16	-	0.92	0.16
Q3 2018	(16.69)	66.3 %	(2.82)	-	(16.69)	(2.82)
Q4 2018	(41.06)	(281.5 %)	(6.93)	-	(41.06)	(6.93)
2018	(55.43)	37.3 %	(9.35)	-	(55.43)	(9.35)
Q1 2019	(35.18)	(2614.6 %)	(5.94)	13.91	(49.09)	(8.28)
Q2 2019	(49.54)	(5478.5 %)	(8.36)	-	(49.54)	(8.36)
Q3 2019	3.07	118.4 %	0.52	14.36	(11.29)	(1.90)
Q4 2019	(34.56)	15.8 %	(5.83)	-	(34.56)	(5.83)
2019	(116.21)	(109.6 %)	(19.61)	28.27	(144.47)	(24.38)
Q1 2020	(19.54)	44.5 %	(2.19)	-	(19.54)	(2.19)
Q2 2020	(17.32)	65.0 %	(1.94)	-	(17.32)	(1.94)
Q3 2020	(38.75)	(1363.1 %)	(4.35)	-	(38.75)	(4.35)
Q4 2020	(7.81)	77.4 %	(0.88)	-	(7.81)	(0.88)
2020	(83.42)	28.2 %	(9.36)	-	(83.42)	(9.36)
Q1 2021	(5.27)	73.0 %	(0.59)	-	(5.27)	(0.59)
Q2 2021	(5.02)	71.0 %	(0.56)	-	(5.02)	(0.56)
Q3 2021	(11.58)	70.1 %	(1.30)	-	(11.58)	(1.30)
Q4 2021	(63.64)	(715.4 %)	(5.84)	-	(63.64)	(5.84)
2021	(85.52)	(2.5 %)	(7.85)	-	(85.52)	(7.85)
Q1 2022	6.46	222.7 %	0.59	-	6.46	0.59
Q2 2022	5.51	209.7 %	0.51	-	5.51	0.51
Q3 2022	(1.73)	85.1 %	(0.16)	-	(1.73)	(0.16)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2012	52.57	49.7 %	8.87	-	52.57	8.87
2013	13.07	(75.1 %)	2.21	-	13.07	2.21
2014	(29.52)	(325.8 %)	(4.98)	(5.33)	(24.19)	(4.08)
2015	(54.57)	(84.9 %)	(9.21)	2.38	(56.96)	(9.61)
2016	(94.73)	(73.6 %)	(15.98)	-	(94.73)	(15.98)
2017	(88.34)	6.7 %	(14.90)	(43.81)	(44.53)	(7.51)
2018	(55.43)	37.3 %	(9.35)	-	(55.43)	(9.35)
2019	(116.21)	(109.6 %)	(19.61)	28.27	(144.47)	(24.38)
2020	(83.42)	28.2 %	(9.36)	-	(83.42)	(9.36)
2021	(85.52)	(2.5 %)	(7.85)	-	(85.52)	(7.85)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2013	26.57 %	11.10 %	5.51 %
Q2 2013	25.20 %	10.21 %	4.72 %
Q3 2013	24.84 %	9.86 %	2.32 %
Q4 2013	23.86 %	8.56 %	1.51 %
2013	23.86 %	8.56 %	1.51 %
Q1 2014	22.45 %	6.85 %	(0.26 %)
Q2 2014	22.88 %	6.48 %	(0.46 %)
Q3 2014	21.70 %	5.73 %	0.25 %
Q4 2014	20.14 %	3.63 %	(2.86 %)
2014	20.30 %	3.79 %	(2.86 %)
Q1 2015	20.19 %	3.81 %	(2.70 %)
Q2 2015	20.37 %	3.74 %	(3.13 %)
Q3 2015	19.57 %	2.34 %	(4.94 %)
Q4 2015	20.17 %	3.42 %	(7.01 %)
2015	20.17 %	3.42 %	(7.01 %)
Q1 2016	22.44 %	4.99 %	(6.54 %)
Q2 2016	23.76 %	6.76 %	(7.34 %)
Q3 2016	22.44 %	5.67 %	(11.20 %)
Q4 2016	20.23 %	(2.13 %)	(15.53 %)
2016	17.54 %	(5.21 %)	(15.56 %)
Q1 2017	17.63 %	(4.00 %)	(16.85 %)
Q2 2017	13.65 %	(8.16 %)	(20.44 %)
Q3 2017	13.01 %	(7.89 %)	(18.25 %)
Q4 2017	15.65 %	(0.71 %)	(8.90 %)
2017	15.65 %	(0.71 %)	(8.90 %)
Q1 2018	15.17 %	(0.26 %)	(9.39 %)
Q2 2018	16.58 %	1.99 %	(7.09 %)
Q3 2018	19.19 %	5.69 %	(5.89 %)
Q4 2018	11.93 %	2.70 %	(13.82 %)
2018	11.93 %	2.70 %	(13.82 %)
Q1 2019	7.07 %	(3.12 %)	(29.76 %)
Q2 2019	(4.03 %)	(9.23 %)	(53.03 %)
Q3 2019	(9.20 %)	(21.38 %)	(54.18 %)
Q4 2019	(6.39 %)	(18.20 %)	(62.18 %)
2019	(6.39 %)	(18.20 %)	(62.18 %)
Q1 2020	(6.83 %)	(20.67 %)	(54.62 %)
Q2 2020	(1.38 %)	(26.50 %)	(42.50 %)
Q3 2020	(1.53 %)	(33.34 %)	(61.72 %)
Q4 2020	11.70 %	(30.85 %)	(43.40 %)
2020	11.70 %	(30.85 %)	(43.40 %)
Q1 2021	14.15 %	(21.06 %)	(31.51 %)
Q2 2021	16.28 %	(13.25 %)	(22.89 %)
Q3 2021	16.47 %	(1.70 %)	(12.11 %)
Q4 2021	12.01 %	(24.92 %)	(37.15 %)
2021	12.01 %	(24.92 %)	(37.15 %)
Q1 2022	14.95 %	(20.11 %)	(30.29 %)
Q2 2022	17.68 %	(16.42 %)	(25.58 %)
Q3 2022	20.18 %	(10.85 %)	(20.24 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2012	26.81 %	11.13 %	5.50 %
2013	23.86 %	8.56 %	1.51 %
2014	20.30 %	3.79 %	(2.86 %)
2015	20.17 %	3.42 %	(7.01 %)
2016	17.54 %	(5.21 %)	(15.56 %)
2017	15.65 %	(0.71 %)	(8.90 %)
2018	11.93 %	2.70 %	(13.82 %)
2019	(6.39 %)	(18.20 %)	(62.18 %)
2020	11.70 %	(30.85 %)	(43.40 %)
2021	12.01 %	(24.92 %)	(37.15 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2013	25.37 %	11.00 %	4.78 %
Q2 2013	21.50 %	8.55 %	3.36 %
Q3 2013	29.12 %	10.47 %	(3.43 %)
Q4 2013	19.94 %	4.30 %	0.78 %
Q1 2014	19.76 %	4.20 %	(2.22 %)
Q2 2014	23.14 %	7.21 %	2.75 %
Q3 2014	24.07 %	7.29 %	(0.44 %)
Q4 2014	13.63 %	(4.22 %)	(11.77 %)
Q1 2015	19.92 %	4.91 %	(1.54 %)
Q2 2015	23.56 %	6.71 %	0.78 %
Q3 2015	20.83 %	1.08 %	(8.82 %)
Q4 2015	15.67 %	(0.22 %)	(21.02 %)
Q1 2016	30.08 %	12.33 %	1.80 %
Q2 2016	29.21 %	14.34 %	0.06 %
Q3 2016	11.07 %	(8.87 %)	(33.22 %)
Q4 2016	2.17 %	(38.82 %)	(45.75 %)
Q1 2017	22.16 %	8.58 %	1.05 %
Q2 2017	17.83 %	4.16 %	(8.46 %)
Q3 2017	7.74 %	(7.55 %)	(22.91 %)
Q4 2017	12.44 %	(11.06 %)	(8.84 %)
Q1 2018	21.62 %	12.74 %	1.27 %
Q2 2018	24.01 %	14.04 %	0.81 %
Q3 2018	19.28 %	9.55 %	(20.64 %)
Q4 2018	(19.60 %)	(27.95 %)	(42.65 %)
Q1 2019	1.73 %	(12.17 %)	(75.56 %)
Q2 2019	(18.46 %)	(0.28 %)	(93.85 %)
Q3 2019	2.86 %	(38.08 %)	(17.46 %)
Q4 2019	(16.17 %)	(19.27 %)	(69.18 %)
Q1 2020	3.72 %	(21.16 %)	(45.41 %)
Q2 2020	5.27 %	(22.26 %)	(46.84 %)
Q3 2020	3.71 %	(67.06 %)	(79.86 %)
Q4 2020	26.92 %	(14.79 %)	(12.26 %)
Q1 2021	14.45 %	5.65 %	(7.50 %)
Q2 2021	17.22 %	7.74 %	(7.62 %)
Q3 2021	3.84 %	(8.41 %)	(25.58 %)
Q4 2021	9.06 %	(128.35 %)	(130.45 %)
Q1 2022	22.63 %	14.77 %	7.73 %
Q2 2022	26.78 %	19.38 %	7.92 %
Q3 2022	18.20 %	13.17 %	(2.79 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2013	5.93	8.88	8.88	86.35
Q2 2013	5.93	7.37	7.37	85.12
Q3 2013	5.93	3.45	3.45	83.97
Q4 2013	5.93	2.21	2.21	84.25
Q1 2014	5.93	(0.38)	(0.38)	83.44
Q2 2014	5.93	(0.65)	(0.65)	81.31
Q3 2014	5.93	0.31	0.36	81.11
Q4 2014	5.93	(4.98)	(4.08)	76.10
Q1 2015	5.93	(4.66)	(3.83)	75.62
Q2 2015	5.93	(5.03)	(4.54)	76.27
Q3 2015	5.93	(7.35)	(6.90)	73.76
Q4 2015	5.93	(9.21)	(9.61)	66.90
Q1 2016	5.93	(8.20)	(8.54)	71.52
Q2 2016	5.93	(8.84)	(8.84)	71.39
Q3 2016	5.93	(12.31)	(12.31)	65.26
Q4 2016	5.93	(15.37)	(15.37)	50.99
Q1 2017	5.93	(15.65)	(15.65)	51.14
Q2 2017	5.93	(20.65)	(17.69)	46.11
Q3 2017	5.93	(23.01)	(15.62)	37.77
Q4 2017	5.93	(14.90)	(7.51)	36.07
Q1 2018	5.93	(14.91)	(7.52)	35.32
Q2 2018	5.93	(9.77)	(5.35)	35.51
Q3 2018	5.93	(4.24)	(4.24)	32.76
Q4 2018	5.93	(9.35)	(9.35)	25.32
Q1 2019	5.93	(15.52)	(17.87)	19.40
Q2 2019	5.93	(24.04)	(26.38)	11.00
Q3 2019	5.93	(20.70)	(25.47)	11.43
Q4 2019	5.93	(19.61)	(24.38)	5.58
Q1 2020	8.91	(11.29)	(12.90)	13.30
Q2 2020	8.91	(7.67)	(9.28)	11.31
Q3 2020	8.91	(12.37)	(12.37)	6.92
Q4 2020	8.91	(9.36)	(9.36)	6.22
Q1 2021	8.91	(7.76)	(7.76)	5.63
Q2 2021	8.91	(6.38)	(6.38)	5.07
Q3 2021	8.91	(3.33)	(3.33)	3.77
Q4 2021	10.90	(7.85)	(7.85)	10.00
Q1 2022	10.90	(6.77)	(6.77)	10.59
Q2 2022	10.90	(5.80)	(5.80)	11.10
Q3 2022	10.90	(4.90)	(4.90)	10.94

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2012	5.93	8.87	8.87	84.57
2013	5.93	2.21	2.21	84.25
2014	5.93	(4.98)	(4.08)	76.10
2015	5.93	(9.21)	(9.61)	66.90
2016	5.93	(15.98)	(15.98)	50.99
2017	5.93	(14.90)	(7.51)	36.07
2018	5.93	(9.35)	(9.35)	25.32
2019	5.93	(19.61)	(24.38)	5.58
2020	8.91	(9.36)	(9.36)	6.22
2021	10.90	(7.85)	(7.85)	10.00

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2013	27.24	27.24	2.80
Q2 2013	30.66	30.66	2.65
Q3 2013	67.77	67.77	2.79
Q4 2013	More than 100	More than 100	2.96
Q1 2014	NEG	NEG	3.06
Q2 2014	NEG	NEG	3.37
Q3 2014	More than 100	More than 100	3.62
Q4 2014	NEG	NEG	2.48
Q1 2015	NEG	NEG	2.81
Q2 2015	NEG	NEG	2.83
Q3 2015	NEG	NEG	2.15
Q4 2015	NEG	NEG	2.80
Q1 2016	NEG	NEG	1.76
Q2 2016	NEG	NEG	1.74
Q3 2016	NEG	NEG	1.48
Q4 2016	NEG	NEG	2.37
Q1 2017	NEG	NEG	2.45
Q2 2017	NEG	NEG	2.06
Q3 2017	NEG	NEG	2.56
Q4 2017	NEG	NEG	2.55
Q1 2018	NEG	NEG	2.33
Q2 2018	NEG	NEG	2.84
Q3 2018	NEG	NEG	2.67
Q4 2018	NEG	NEG	4.08
Q1 2019	NEG	NEG	4.42
Q2 2019	NEG	NEG	6.36
Q3 2019	NEG	NEG	5.90
Q4 2019	NEG	NEG	11.26
Q1 2020	NEG	NEG	1.95
Q2 2020	NEG	NEG	2.58
Q3 2020	NEG	NEG	7.00
Q4 2020	NEG	NEG	13.46
Q1 2021	NEG	NEG	14.56
Q2 2021	NEG	NEG	18.17
Q3 2021	NEG	NEG	28.75
Q4 2021	NEG	NEG	5.55
Q1 2022	NEG	NEG	4.08
Q2 2022	NEG	NEG	2.97
Q3 2022	NEG	NEG	4.21

Period	P/E	Adjusted P/E	Price/book
2012	26.07	26.07	2.73
2013	More than 100	More than 100	2.96
2014	NEG	NEG	2.48
2015	NEG	NEG	2.80
2016	NEG	NEG	2.37
2017	NEG	NEG	2.55
2018	NEG	NEG	4.08
2019	NEG	NEG	11.26
2020	NEG	NEG	13.46
2021	NEG	NEG	5.55

Business Segments (Million)

Compared With The

Period	Flooring Sector	Others
Q2 2016	148.75	30.18
Q3 2016	88.36	18.45
Q4 2016	96.87	24.35
Q1 2017	127.06	9.07
Q2 2017	112.92	28.32
Q3 2017	87.75	13.71
Q4 2017	102.63	19.13
Q1 2018	104.01	6.11
Q2 2018	96.75	17.03
Q3 2018	64.27	16.61
Q4 2018	77.78	18.49
Q1 2019	53.59	11.38
Q2 2019	42.51	10.27
Q3 2019	56.93	7.72
Q4 2019	39.56	10.40
Q1 2020	32.68	10.36
Q2 2020	33.40	3.58
Q3 2020	41.71	6.81
Q4 2020	53.41	10.25
Q1 2021	59.24	11.02
Q2 2021	54.63	11.24
Q3 2021	44.76	0.52
Q4 2021	46.10	2.69
Q1 2022	73.28	10.35
Q2 2022	59.19	10.39
Q3 2022	55.79	6.09

Period	Flooring Sector	Others
2016	460.33	107.00
2017	430.35	70.23
2018	342.81	58.24
2019	192.58	39.77
2020	161.21	31.00
2021	204.73	25.47

Financial Ratios

	Current
Market Cap (M Riyal)	1,011.52
Enterprise Value (EV) (M)	1,176.27
Shares Outstanding ((M))	10.90
EPS ( Riyal) (TTM)	(4.21)
Book Value (BV) ( Riyal)	6.05
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	15.33
Return on Average Assets (%) (TTM)	(12.06 )
Return on Average Equity (%) (TTM)	(51.83 )

Naseej International Trading Co. (NASEEJ)

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Naseej swings to SAR 10.2 mln profit in 9M 2022, turns to SAR 1.7 mln loss in Q3

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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) 2022 Q3

Financial Ratios

Share Price

Naseej International Trading Co. (NASEEJ)

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Naseej swings to SAR 10.2 mln profit in 9M 2022, turns to SAR 1.7 mln loss in Q3

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) Q3 2022

Revenue by Business Segment (Latest) 2022 Q3

Financial Ratios

Share Price

Naseej International Trading Co. (NASEEJ)

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Business Segments (Million)