Amiantit cuts H1 2022 loss to SAR 10 mln; Q2 at SAR 4 mln

21/08/2022 Argaam Exclusive

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Saudi Arabian Amiantit Co. trimmed H1 2022 net losses after Zakat and tax to SAR 10 million from SAR 60.5 million in the year-earlier period, thanks to continued sales growth.

Financials (M)

Item	6m 2021	6m 2022	Change‬
Revenues	225.66	241.15	6.9 %
Gross Income	(43.16)	13.78	131.9 %
Operating Income	(97.73)	(12.77)	86.9 %
Net Income	(60.45)	(10.02)	83.4 %
Average Shares	30.25	30.25	-
EPS (Riyals)	(2.00)	(0.33)	83.4 %

The company cited continued sales growth, as it recorded an increase of 7% year-on-year (YoY) in revenue during the current period to SAR 15.5 million, due to the cumulative balance of business carried over during the COVID-19 pandemic period, and higher new orders. In addition, the lower losses were attributed to Amiantit’s efforts to reduce the cost of sales by SAR 41.4 million.

The company also recorded accounting profits of SAR 35.5 million in the current period, compared to SAR 36.4 million in H1 2021.

Current Quarter Comparison (M)

Compared With The

Item	Q2 2021	Q2 2022	Change‬
Revenues	111.09	121.64	9.5 %
Gross Income	(24.82)	4.60	118.5 %
Operating Income	(47.76)	(16.23)	66.0 %
Net Income	(59.11)	(4.04)	93.2 %
Average Shares	30.25	30.25	-
EPS (Riyals)	(1.95)	(0.13)	93.2 %

Item	Q1 2022	Q2 2022	Change‬
Revenues	119.52	121.64	1.8 %
Gross Income	9.18	4.60	(49.9 %)
Operating Income	3.47	(16.23)	(568.5 %)
Net Income	(5.98)	(4.04)	32.5 %
Average Shares	30.25	30.25	-
EPS (Riyals)	(0.20)	(0.13)	32.5 %

In the second quarter of the year, Amiantit narrowed net losses after Zakat and tax to SAR 4 million, from SAR 59.11 million a year earlier, thanks to continued sales growth and a decrease of SAR 5.5 million YoY in Zakat provisions.

The company also recorded accounting profits of SAR 21.2 million in the three-month period, compared to null in Q2 2021.

On a quarterly basis, Amiantit trimmed net losses by 32.5% from SAR 5.98 million.

Total shareholders’ equity, after minority interest, fell to SAR 283.527 million as of June 30, 2022, from SAR 457.004 million in the year-earlier period.

Accumulated losses reached SAR 33.612 million, or 34% of the company’s capital.

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Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2013	859.19	(4.5 %)	140.28	(10.0 %)	70.60	(11.4 %)
Q2 2013	830.39	(7.3 %)	144.39	(3.1 %)	72.83	(2.6 %)
Q3 2013	760.81	(1.0 %)	101.09	(13.0 %)	44.26	(11.5 %)
Q4 2013	680.29	(23.6 %)	84.24	(37.8 %)	39.78	(32.4 %)
2013	3,130.67	(9.4 %)	470.01	(15.6 %)	227.46	(13.6 %)
Q1 2014	697.61	(18.8 %)	107.91	(23.1 %)	46.48	(34.2 %)
Q2 2014	716.87	(13.7 %)	110.43	(23.5 %)	47.12	(35.3 %)
Q3 2014	623.25	(18.1 %)	85.34	(15.6 %)	21.56	(51.3 %)
Q4 2014	688.06	1.1 %	121.35	44.0 %	56.30	41.5 %
2014	2,725.79	(12.9 %)	425.03	(9.6 %)	171.45	(24.6 %)
Q1 2015	731.36	4.8 %	110.60	2.5 %	57.37	23.4 %
Q2 2015	713.61	(0.5 %)	113.95	3.2 %	46.13	(2.1 %)
Q3 2015	720.15	15.5 %	140.43	64.6 %	71.25	230.6 %
Q4 2015	743.51	8.1 %	104.91	(13.5 %)	46.20	(17.9 %)
2015	2,908.63	6.7 %	499.64	17.6 %	220.95	28.9 %
Q1 2016	554.29	(24.2 %)	95.49	(13.7 %)	34.47	(39.9 %)
Q2 2016	508.71	(28.7 %)	74.20	(34.9 %)	15.93	(65.5 %)
Q3 2016	284.77	(60.5 %)	45.91	(67.3 %)	(3.06)	(104.3 %)
Q4 2016	246.31	(66.9 %)	(55.11)	(152.5 %)	(148.11)	(420.6 %)
2016	1,364.01	(53.1 %)	114.41	(77.1 %)	(106.98)	(148.4 %)
Q1 2017	210.13	(62.1 %)	23.34	(75.6 %)	(5.86)	(117.0 %)
Q2 2017	212.33	(58.3 %)	34.93	(52.9 %)	6.03	(62.2 %)
Q3 2017	132.78	(53.4 %)	1.85	(96.0 %)	(23.00)	(650.8 %)
Q4 2017	232.97	(5.4 %)	64.38	216.8 %	3.16	102.1 %
2017	792.34	(41.9 %)	124.50	8.8 %	(5.27)	95.1 %
Q1 2018	199.97	(4.8 %)	32.04	37.3 %	4.88	183.3 %
Q2 2018	199.41	(6.1 %)	18.94	(45.8 %)	(9.61)	(259.4 %)
Q3 2018	269.68	103.1 %	59.67	3130.8 %	24.76	207.7 %
Q4 2018	278.53	19.6 %	(14.54)	(122.6 %)	(61.15)	(2037.1 %)
2018	947.59	19.6 %	96.11	(22.8 %)	(41.12)	(679.8 %)
Q1 2019	233.03	16.5 %	15.63	(51.2 %)	(13.78)	(382.4 %)
Q2 2019	163.58	(18.0 %)	(205.01)	(1182.5 %)	(239.48)	(2,393.1 %)
Q3 2019	186.35	(30.9 %)	19.52	(67.3 %)	(1.91)	(107.7 %)
Q4 2019	197.45	(29.1 %)	23.35	260.5 %	3.96	106.5 %
2019	780.41	(17.6 %)	(146.51)	(252.4 %)	(247.51)	(502.0 %)
Q1 2020	162.04	(30.5 %)	(5.87)	(137.6 %)	(30.29)	(119.9 %)
Q2 2020	83.18	(49.1 %)	(14.95)	92.7 %	(35.73)	85.1 %
Q3 2020	115.97	(37.8 %)	(6.24)	(132.0 %)	(26.97)	(1,311.1 %)
Q4 2020	79.83	(59.6 %)	(38.09)	(263.1 %)	(60.42)	(1627.8 %)
2020	441.02	(43.5 %)	(65.15)	55.5 %	(153.41)	38.0 %
Q1 2021	114.56	(29.3 %)	(18.33)	(212.1 %)	(49.97)	(64.9 %)
Q2 2021	111.09	33.6 %	(24.82)	(66.0 %)	(47.76)	(33.7 %)
Q3 2021	96.11	(17.1 %)	(33.63)	(439.3 %)	(69.42)	(157.4 %)
Q4 2021	117.14	46.7 %	0.24	100.6 %	(20.43)	66.2 %
2021	438.91	(0.5 %)	(76.54)	(17.5 %)	(187.57)	(22.3 %)
Q1 2022	119.52	4.3 %	9.18	150.1 %	3.47	106.9 %
Q2 2022	121.64	9.5 %	4.60	118.5 %	(16.23)	66.0 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2012	3,454.80	(3.0 %)	556.58	(13.4 %)	263.31	(18.8 %)
2013	3,130.67	(9.4 %)	470.01	(15.6 %)	227.46	(13.6 %)
2014	2,725.79	(12.9 %)	425.03	(9.6 %)	171.45	(24.6 %)
2015	2,908.63	6.7 %	499.64	17.6 %	220.95	28.9 %
2016	1,364.01	(53.1 %)	114.41	(77.1 %)	(106.98)	(148.4 %)
2017	792.34	(41.9 %)	124.50	8.8 %	(5.27)	95.1 %
2018	947.59	19.6 %	96.11	(22.8 %)	(41.12)	(679.8 %)
2019	780.41	(17.6 %)	(146.51)	(252.4 %)	(247.51)	(502.0 %)
2020	441.02	(43.5 %)	(65.15)	55.5 %	(153.41)	38.0 %
2021	438.91	(0.5 %)	(76.54)	(17.5 %)	(187.57)	(22.3 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2013	30.33	(13.8 %)	1.00	-	30.33	1.00
Q2 2013	30.66	0.9 %	1.01	-	30.66	1.01
Q3 2013	17.59	8.5 %	0.58	-	17.59	0.58
Q4 2013	34.02	15.1 %	1.12	-	34.02	1.12
2013	112.61	1.1 %	3.72	-	112.61	3.72
Q1 2014	20.59	(32.1 %)	0.68	-	20.59	0.68
Q2 2014	24.56	(19.9 %)	0.81	1.17	23.39	0.77
Q3 2014	17.58	(0.1 %)	0.58	21.10	(3.53)	(0.12)
Q4 2014	19.89	(41.5 %)	0.66	(14.86)	34.75	1.15
2014	82.62	(26.6 %)	2.73	7.41	75.21	2.49
Q1 2015	25.86	25.6 %	0.85	-	25.86	0.85
Q2 2015	25.98	5.8 %	0.86	-	25.98	0.86
Q3 2015	27.06	54.0 %	0.89	-	27.06	0.89
Q4 2015	22.47	13.0 %	0.74	-	22.47	0.74
2015	101.37	22.7 %	3.35	-	101.37	3.35
Q1 2016	0.51	(98.0 %)	0.02	-	0.51	0.02
Q2 2016	1.56	(94.0 %)	0.05	-	1.56	0.05
Q3 2016	(33.58)	(224.1 %)	(1.11)	-	(33.58)	(1.11)
Q4 2016	(201.68)	(997.5 %)	(6.67)	-	(201.68)	(6.67)
2016	(232.92)	(329.8 %)	(7.70)	-	(232.92)	(7.70)
Q1 2017	(45.75)	(9036.1 %)	(1.51)	-	(45.75)	(1.51)
Q2 2017	(14.51)	(1033.3 %)	(0.48)	-	(14.51)	(0.48)
Q3 2017	6.41	119.1 %	0.21	63.60	(57.19)	(1.89)
Q4 2017	(50.47)	75.0 %	(1.67)	-	(50.47)	(1.67)
2017	(89.92)	61.4 %	(2.97)	63.60	(153.52)	(5.08)
Q1 2018	(39.98)	12.6 %	(1.32)	-	(39.98)	(1.32)
Q2 2018	(53.26)	(267.0 %)	(1.76)	-	(53.26)	(1.76)
Q3 2018	1.42	(77.8 %)	0.05	-	1.42	0.05
Q4 2018	(141.71)	(180.8 %)	(4.69)	(16.00)	(125.71)	(4.16)
2018	(233.54)	(159.7 %)	(7.72)	(16.00)	(217.54)	(7.19)
Q1 2019	(40.37)	(1.0 %)	(1.33)	-	(40.37)	(1.33)
Q2 2019	(255.75)	(380.2 %)	(8.46)	-	(255.75)	(8.46)
Q3 2019	(4.97)	(449.3 %)	(0.16)	-	(4.97)	(0.16)
Q4 2019	(37.39)	73.6 %	(1.24)	-	(37.39)	(1.24)
2019	(338.48)	(44.9 %)	(11.19)	-	(338.48)	(11.19)
Q1 2020	(131.29)	(225.3 %)	(4.34)	(63.30)	(68.00)	(2.25)
Q2 2020	(57.30)	77.6 %	(1.89)	(1.68)	(55.62)	(1.84)
Q3 2020	(55.50)	(1,016.4 %)	(1.83)	(12.97)	(42.53)	(1.41)
Q4 2020	(145.26)	(288.5 %)	(4.80)	(27.66)	(117.61)	(3.89)
2020	(389.35)	(15.0 %)	(12.87)	(105.60)	(283.75)	(9.38)
Q1 2021	(1.35)	99.0 %	(0.04)	52.20	(53.54)	(1.77)
Q2 2021	(59.11)	(3.2 %)	(1.95)	-	(59.11)	(1.95)
Q3 2021	(87.35)	(57.4 %)	(2.89)	4.11	(91.46)	(3.02)
Q4 2021	(23.52)	83.8 %	(0.78)	3.20	(26.72)	(0.88)
2021	(171.32)	56.0 %	(5.66)	59.51	(230.83)	(7.63)
Q1 2022	(5.98)	(344.6 %)	(0.20)	-	(5.98)	(0.20)
Q2 2022	(4.04)	93.2 %	(0.13)	13.17	(17.21)	(0.57)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2012	111.34	(26.4 %)	3.68	-	111.34	3.68
2013	112.61	1.1 %	3.72	-	112.61	3.72
2014	82.62	(26.6 %)	2.73	7.41	75.21	2.49
2015	101.37	22.7 %	3.35	-	101.37	3.35
2016	(232.92)	(329.8 %)	(7.70)	-	(232.92)	(7.70)
2017	(89.92)	61.4 %	(2.97)	63.60	(153.52)	(5.08)
2018	(233.54)	(159.7 %)	(7.72)	(16.00)	(217.54)	(7.19)
2019	(338.48)	(44.9 %)	(11.19)	-	(338.48)	(11.19)
2020	(389.35)	(15.0 %)	(12.87)	(105.60)	(283.75)	(9.38)
2021	(171.32)	56.0 %	(5.66)	59.51	(230.83)	(7.63)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2013	15.85 %	10.97 %	3.12 %
Q2 2013	16.02 %	10.93 %	3.19 %
Q3 2013	15.60 %	10.61 %	3.24 %
Q4 2013	15.01 %	9.47 %	3.60 %
2013	15.01 %	9.47 %	3.60 %
Q1 2014	14.74 %	8.73 %	3.46 %
Q2 2014	14.14 %	8.17 %	3.35 %
Q3 2014	14.27 %	7.67 %	2.74 %
Q4 2014	15.59 %	10.14 %	2.76 %
2014	15.59 %	10.14 %	2.76 %
Q1 2015	15.50 %	10.89 %	2.92 %
Q2 2015	15.65 %	10.91 %	3.01 %
Q3 2015	17.05 %	12.54 %	3.98 %
Q4 2015	16.16 %	12.06 %	3.49 %
2015	17.18 %	12.06 %	3.49 %
Q1 2016	16.65 %	12.06 %	2.78 %
Q2 2016	16.43 %	11.42 %	2.04 %
Q3 2016	15.33 %	9.58 %	(0.43 %)
Q4 2016	10.07 %	(2.40 %)	(14.63 %)
2016	8.39 %	(3.25 %)	(17.08 %)
Q1 2017	7.07 %	(6.77 %)	(22.36 %)
Q2 2017	5.15 %	(10.57 %)	(30.99 %)
Q3 2017	0.63 %	(16.65 %)	(39.82 %)
Q4 2017	15.80 %	5.49 %	(21.30 %)
2017	15.71 %	7.28 %	(19.38 %)
Q1 2018	17.12 %	5.54 %	(20.84 %)
Q2 2018	15.32 %	3.48 %	(26.26 %)
Q3 2018	19.40 %	9.47 %	(15.77 %)
Q4 2018	10.14 %	5.72 %	(22.96 %)
2018	10.14 %	5.72 %	(22.96 %)
Q1 2019	8.13 %	3.58 %	(22.22 %)
Q2 2019	(15.27 %)	(7.30 %)	(44.50 %)
Q3 2019	(21.40 %)	(11.76 %)	(49.54 %)
Q4 2019	(18.77 %)	(9.98 %)	(43.37 %)
2019	(18.77 %)	(9.51 %)	(43.37 %)
Q1 2020	(23.68 %)	(14.19 %)	(51.61 %)
Q2 2020	3.50 %	(4.51 %)	(26.39 %)
Q3 2020	(0.67 %)	(9.19 %)	(36.43 %)
Q4 2020	(14.77 %)	(27.50 %)	(64.34 %)
2020	(14.77 %)	(27.50 %)	(64.34 %)
Q1 2021	(19.72 %)	(35.82 %)	(68.43 %)
Q2 2021	(20.76 %)	(36.52 %)	(64.72 %)
Q3 2021	(28.60 %)	(49.45 %)	(80.11 %)
Q4 2021	(17.44 %)	(35.71 %)	(52.59 %)
2021	(17.44 %)	(35.71 %)	(52.59 %)
Q1 2022	(11.05 %)	(23.59 %)	(41.29 %)
Q2 2022	(4.31 %)	(16.40 %)	(31.11 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2012	16.11 %	10.92 %	3.22 %
2013	15.01 %	9.47 %	3.60 %
2014	15.59 %	10.14 %	2.76 %
2015	17.18 %	12.06 %	3.49 %
2016	8.39 %	(3.25 %)	(17.08 %)
2017	15.71 %	7.28 %	(19.38 %)
2018	10.14 %	5.72 %	(22.96 %)
2019	(18.77 %)	(9.51 %)	(43.37 %)
2020	(14.77 %)	(27.50 %)	(64.34 %)
2021	(17.44 %)	(35.71 %)	(52.59 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2013	16.33 %	11.73 %	3.53 %
Q2 2013	17.39 %	12.51 %	3.69 %
Q3 2013	13.29 %	8.95 %	2.31 %
Q4 2013	12.38 %	3.48 %	5.00 %
Q1 2014	15.47 %	9.13 %	2.95 %
Q2 2014	15.40 %	10.86 %	3.26 %
Q3 2014	13.69 %	6.93 %	(0.57 %)
Q4 2014	17.64 %	13.32 %	5.05 %
Q1 2015	15.12 %	11.99 %	3.54 %
Q2 2015	15.97 %	10.96 %	3.64 %
Q3 2015	19.50 %	13.93 %	3.76 %
Q4 2015	14.11 %	11.40 %	3.02 %
Q1 2016	17.23 %	11.92 %	0.09 %
Q2 2016	14.59 %	7.35 %	0.31 %
Q3 2016	16.12 %	4.21 %	(11.79 %)
Q4 2016	(22.37 %)	(62.38 %)	(81.88 %)
Q1 2017	11.11 %	9.35 %	(21.77 %)
Q2 2017	16.45 %	10.03 %	(6.84 %)
Q3 2017	1.39 %	(15.60 %)	(43.07 %)
Q4 2017	27.63 %	9.90 %	(21.66 %)
Q1 2018	16.02 %	9.73 %	(19.99 %)
Q2 2018	9.50 %	2.40 %	(26.71 %)
Q3 2018	22.13 %	14.12 %	0.53 %
Q4 2018	(5.22 %)	(2.92 %)	(45.13 %)
Q1 2019	6.71 %	0.15 %	(17.32 %)
Q2 2019	(125.33 %)	(60.68 %)	(156.34 %)
Q3 2019	10.47 %	3.10 %	(2.67 %)
Q4 2019	11.82 %	7.72 %	(18.94 %)
Q1 2020	(3.62 %)	(13.83 %)	(41.96 %)
Q2 2020	(17.97 %)	(32.42 %)	(66.86 %)
Q3 2020	(5.38 %)	(14.85 %)	(36.67 %)
Q4 2020	(47.71 %)	(68.49 %)	(147.33 %)
Q1 2021	(16.00 %)	(36.74 %)	(46.74 %)
Q2 2021	(22.35 %)	(35.96 %)	(53.20 %)
Q3 2021	(34.99 %)	(64.36 %)	(95.16 %)
Q4 2021	0.21 %	(10.96 %)	(22.81 %)
Q1 2022	7.68 %	8.33 %	(5.00 %)
Q2 2022	3.78 %	(8.05 %)	(14.15 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2013	30.25	3.52	3.52	48.60
Q2 2013	30.25	3.53	3.53	49.30
Q3 2013	30.25	3.58	3.58	50.25
Q4 2013	30.25	3.72	3.72	51.72
Q1 2014	30.25	3.40	3.40	48.42
Q2 2014	30.25	3.20	3.16	49.07
Q3 2014	30.25	3.20	2.46	47.58
Q4 2014	30.25	2.73	2.49	47.45
Q1 2015	30.25	2.91	2.66	46.73
Q2 2015	30.25	2.95	2.75	47.55
Q3 2015	30.25	3.27	3.76	48.19
Q4 2015	30.25	3.35	3.35	48.38
Q1 2016	30.25	2.51	2.51	43.21
Q2 2016	30.25	1.71	1.71	41.29
Q3 2016	30.25	(0.30)	(0.30)	40.25
Q4 2016	30.25	(7.71)	(7.71)	32.22
Q1 2017	30.25	(9.24)	(9.24)	31.10
Q2 2017	30.25	(9.77)	(9.77)	31.68
Q3 2017	30.25	(8.45)	(10.55)	33.04
Q4 2017	30.25	(3.45)	(5.55)	31.97
Q1 2018	30.25	(3.26)	(5.36)	30.92
Q2 2018	30.25	(4.54)	(6.64)	27.92
Q3 2018	30.25	(4.70)	(4.70)	27.96
Q4 2018	30.25	(7.72)	(7.19)	22.12
Q1 2019	30.25	(7.73)	(7.21)	20.13
Q2 2019	30.25	(14.43)	(13.90)	11.94
Q3 2019	30.25	(14.64)	(14.11)	11.04
Q4 2019	30.25	(11.19)	(11.19)	11.15
Q1 2020	30.25	(14.20)	(12.10)	7.07
Q2 2020	30.25	(7.64)	(5.49)	5.57
Q3 2020	30.25	(9.31)	(6.73)	4.40
Q4 2020	30.25	(12.87)	(9.38)	4.91
Q1 2021	30.25	(8.58)	(8.90)	4.25
Q2 2021	30.25	(8.64)	(9.02)	2.72
Q3 2021	30.25	(9.69)	(10.64)	(0.42)
Q4 2021	30.25	(5.66)	(7.63)	10.76
Q1 2022	30.25	(5.82)	(6.06)	10.28
Q2 2022	30.25	(4.00)	(4.67)	9.37

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2012	30.25	3.68	3.68	51.84
2013	30.25	3.72	3.72	51.72
2014	30.25	2.73	2.49	47.45
2015	30.25	3.35	3.35	48.38
2016	30.25	(7.70)	(7.70)	32.22
2017	30.25	(2.97)	(5.08)	31.97
2018	30.25	(7.72)	(7.19)	22.12
2019	30.25	(11.19)	(11.19)	11.15
2020	30.25	(12.87)	(9.38)	4.91
2021	30.25	(5.66)	(7.63)	10.76

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2013	26.50	26.50	1.92
Q2 2013	26.24	26.24	1.88
Q3 2013	26.28	26.28	1.87
Q4 2013	27.48	27.48	1.98
Q1 2014	32.53	32.53	2.28
Q2 2014	35.73	36.16	2.33
Q3 2014	39.27	51.02	2.64
Q4 2014	31.79	34.92	1.83
Q1 2015	28.72	31.36	1.79
Q2 2015	29.98	32.23	1.86
Q3 2015	21.02	18.27	1.42
Q4 2015	17.74	17.74	1.23
Q1 2016	24.63	24.63	1.43
Q2 2016	31.99	31.99	1.32
Q3 2016	NEG	NEG	0.97
Q4 2016	NEG	NEG	1.71
Q1 2017	NEG	NEG	1.46
Q2 2017	NEG	NEG	1.17
Q3 2017	NEG	NEG	1.39
Q4 2017	NEG	NEG	1.75
Q1 2018	NEG	NEG	1.67
Q2 2018	NEG	NEG	1.63
Q3 2018	NEG	NEG	1.36
Q4 2018	NEG	NEG	1.76
Q1 2019	NEG	NEG	2.10
Q2 2019	NEG	NEG	3.40
Q3 2019	NEG	NEG	3.26
Q4 2019	NEG	NEG	2.73
Q1 2020	NEG	NEG	2.66
Q2 2020	NEG	NEG	3.61
Q3 2020	NEG	NEG	7.12
Q4 2020	NEG	NEG	6.91
Q1 2021	NEG	NEG	9.87
Q2 2021	NEG	NEG	16.31
Q3 2021	NEG	NEG	(87.70)
Q4 2021	NEG	NEG	2.59
Q1 2022	NEG	NEG	2.13
Q2 2022	NEG	NEG	1.70

Period	P/E	Adjusted P/E	Price/book
2012	26.25	26.25	1.86
2013	27.48	27.48	1.98
2014	31.79	34.92	1.83
2015	17.74	17.74	1.23
2016	NEG	NEG	1.71
2017	NEG	NEG	1.75
2018	NEG	NEG	1.76
2019	NEG	NEG	2.73
2020	NEG	NEG	6.91
2021	NEG	NEG	2.59

Business Segments (Million)

Compared With The

Period	Pipe Manufacturing and technology	Water Management	elimination	Technology
Q1 2013	800.56	58.63	-	-
Q2 2013	750.55	79.84	-	-
Q3 2013	645.51	115.28	-	-
Q4 2013	583.55	96.74	-	-
Q1 2014	615.72	81.89	-	-
Q2 2014	700.99	15.88	-	-
Q3 2014	586.18	37.07	-	-
Q4 2014	619.72	68.35	-	-
Q1 2015	664.05	67.31	-	-
Q2 2015	652.32	61.29	-	-
Q3 2015	641.38	78.77	-	-
Q4 2015	626.64	116.87	-	-
Q1 2016	516.75	37.54	-	-
Q2 2016	454.65	54.06	-	-
Q3 2016	-	62.75	-	-
Q4 2016	336.51	22.30	(112.50)	-
Q1 2017	221.56	13.56	(24.98)	-
Q2 2017	190.64	37.53	(15.84)	-
Q3 2017	121.90	40.28	(25.26)	-
Q4 2017	185.99	66.84	(85.95)	-
Q1 2018	191.22	24.73	(15.97)	-
Q2 2018	178.12	41.42	(20.13)	-
Q3 2018	250.65	53.84	(34.90)	-
Q4 2018	202.20	55.58	20.75	-
Q1 2019	211.00	34.71	(12.67)	-
Q2 2019	190.93	(20.23)	(7.12)	-
Q3 2019	153.55	39.06	(6.27)	-
Q4 2019	151.09	52.11	(5.75)	-
Q1 2020	152.84	16.29	(7.09)	-
Q2 2020	74.85	11.91	(3.57)	-
Q3 2020	111.50	10.22	(5.74)	-
Q1 2021	111.72	16.37	(13.53)	-
Q2 2021	82.01	15.56	13.53	-
Q3 2021	114.31	13.65	(31.85)	-
Q4 2021	112.04	15.49	(10.38)	-
Q1 2022	117.35	10.93	(8.76)	-
Q2 2022	115.19	9.84	(3.39)	-

Period	Pipe Manufacturing and technology	Water Management	elimination	Technology
2012	3,075.38	357.12	-	22.30
2013	2,780.19	350.49	-	-
2014	2,522.60	203.19	-	-
2015	2,584.39	324.24	-	-
2016	1,299.87	176.65	(112.50)	-
2017	720.09	158.21	(85.95)	-
2018	822.20	175.56	(50.17)	-
2019	706.57	105.65	(31.81)	-
2020	449.34	19.89	(28.22)	-
2021	420.08	61.07	(42.23)	-

Financial Ratios

	Current
Market Cap (M Riyal)	1,432.28
Enterprise Value (EV) (M)	1,619.99
Shares Outstanding ((M))	44.55
EPS ( Riyal) (TTM)	10.23
Book Value (BV) ( Riyal)	21.07
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	3.14
Price/book	1.53
Return on Average Assets (%) (TTM)	20.4
Return on Average Equity (%) (TTM)	79.8

Saudi Arabian Amiantit Co. (AMIANTIT)

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Amiantit cuts H1 2022 loss to SAR 10 mln; Q2 at SAR 4 mln

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Profit Performance (Million)

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Amiantit cuts H1 2022 loss to SAR 10 mln; Q2 at SAR 4 mln

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) Q2 2022

Revenue by Business Segment (Latest) 2022 Q2

Financial Ratios

Share Price

Saudi Arabian Amiantit Co. (AMIANTIT)

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Business Segments (Million)