Financial Results : Keir posts 63% profit leap to SAR 6.6 mln in H1 2022

Keir posts 63% profit leap to SAR 6.6 mln in H1 2022

14/09/2022 Argaam Exclusive

View other reports

Keir International Co. posted a rise of 63% in H1 2022 net profit after Zakat and tax to SAR 6.6 million, compared to SAR 4.1 million in the year-earlier period.



Financials (M)

Item 6m 2021 6m 2022 Change‬
Revenues 56.65 63.59 12.3 %
Gross Income 10.13 16.78 65.7 %
Operating Income 5.32 8.52 60.1 %
Net Income 4.06 6.64 63.3 %
Average Shares 100.00 120.00 20.0 %
EPS (Riyals) 0.04 0.06 36.1 %

The higher profit was driven by the company’s business expansion, improved operating efficiency, and revenue growth.



Current Half Annual Comparison (M)

Compared With The
Item H1 2021 H1 2022 Change‬
Revenues 56.65 63.59 12.3 %
Gross Income 10.13 16.78 65.7 %
Operating Income 5.32 8.52 60.1 %
Net Income 4.06 6.64 63.3 %
Average Shares 100.00 120.00 20.0 %
EPS (Riyals) 0.04 0.06 36.1 %

Shareholders equity, after minority interest, came in at SAR 232.688 million as of June 30, 2022, up from SAR 154.682 million a year earlier.



Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
H1 2013 - - - - - -
H2 2013 - - - - - -
H1 2014 - - - - - -
H2 2014 - - - - - -
H1 2015 - - - - - -
H2 2015 - - - - - -
H1 2016 - - - - - -
H2 2016 - - - - - -
H1 2017 - - - - - -
H2 2017 - - - - - -
H1 2018 - - - - - -
H2 2018 - - - - - -
H1 2019 - - - - - -
H2 2019 - - - - - -
H1 2020 - - - - - -
H2 2020 - - - - - -
H1 2021 56.65 - 10.13 - 5.32 -
H2 2021 112.73 - 24.09 - 17.72 -
H1 2022 63.59 12.3 % 16.78 65.7 % 8.52 60.1 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
H1 2013 - - - - - -
H2 2013 - - - - - -
H1 2014 - - - - - -
H2 2014 - - - - - -
H1 2015 - - - - - -
H2 2015 - - - - - -
H1 2016 - - - - - -
H2 2016 - - - - - -
H1 2017 - - - - - -
H2 2017 - - - - - -
H1 2018 - - - - - -
H2 2018 - - - - - -
H1 2019 - - - - - -
H2 2019 - - - - - -
H1 2020 - - - - - -
H2 2020 - - - - - -
H1 2021 4.06 - 0.04 - 4.06 0.04
H2 2021 12.88 - 0.11 - 12.88 0.11
H1 2022 6.64 63.3 % 0.06 - 6.64 0.06

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
H1 2013 - - -
H2 2013 - - -
H1 2014 - - -
H2 2014 - - -
H1 2015 - - -
H2 2015 - - -
H1 2016 - - -
H2 2016 - - -
H1 2017 - - -
H2 2017 - - -
H1 2018 - - -
H2 2018 - - -
H1 2019 - - -
H2 2019 - - -
H1 2020 - - -
H2 2020 - - -
H1 2021 - - -
H2 2021 20.20 % 15.12 % 10.00 %
H1 2022 23.18 % 16.35 % 11.07 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
H1 2013 - - - -
H2 2013 - - - -
H1 2014 - - - -
H2 2014 - - - -
H1 2015 - - - -
H2 2015 - - - -
H1 2016 - - - -
H2 2016 - - - -
H1 2017 - - - -
H2 2017 - - - -
H1 2018 - - - -
H2 2018 - - - -
H1 2019 - - - -
H2 2019 - - - -
H1 2020 - - - -
H2 2020 - - - -
H1 2021 100.00 - - 1.55
H2 2021 120.00 0.14 0.14 1.95
H1 2022 120.00 0.16 0.16 1.94

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
H1 2013 - - -
H2 2013 - - -
H1 2014 - - -
H2 2014 - - -
H1 2015 - - -
H2 2015 - - -
H1 2016 - - -
H2 2016 - - -
H1 2017 - - -
H2 2017 - - -
H1 2018 - - -
H2 2018 - - -
H1 2019 - - -
H2 2019 - - -
H1 2020 - - -
H2 2020 - - -
H1 2021 - - -
H2 2021 - - -
H1 2022 - - -

Business Segments (Million)

Compared With The
Period Telecommunication Power
Q2 2022 49.51 14.08

Current
Market Cap (M Riyal) 697.20
Enterprise Value (EV) (M) 784.08
Shares Outstanding ((M)) 120.00
Book Value (BV) ( Riyal) 2.02
Par Value ( Riyal) 1.00
Adjusted P/E (Last12) More than 100
Price/book 2.88

Share Price

5.81
(0.15) (2.52 %)

KEIR International Co. (KEIR)


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
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.