Al-Jouf Cement’s 9M 2023 profit surges to SAR 72.6 mln; Q3 at SAR 29 mln

09/11/2023 Argaam Exclusive

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Al-Jouf Cement Co. reported a profit surge to SAR 72.6 million in the first nine months of 2023 from SAR 7.8 million a year earlier.

Financials (M)

Item	9m 2022	9m 2023	Change‬
Revenues	172.44	217.75	26.3 %
Gross Income	45.95	82.11	78.7 %
Operating Income	28.95	66.85	130.9 %
Net Income	7.76	44.24	470.5 %
Average Shares	108.70	108.70	-
EPS (Riyals)	0.07	0.41	470.5 %

The nine-month performance was bolstered by higher sales value and average selling prices.

The decline in the cost of sales, in addition to gains of SAR 9.5 million resulting from the rescheduling of the debt owed to the Ministry of Industry and Mineral Resources also propelled Al-Jouf Cement’s profit.

On the other hand, financing expenses increased amid higher SAIBOR rates, compared to the first nine months of 2022.

Current Quarter Comparison (M)

Compared With The

Item	Q3 2022	Q3 2023	Change‬
Revenues	74.14	79.52	7.2 %
Gross Income	19.16	36.99	93.1 %
Operating Income	13.84	31.68	128.9 %
Net Income	5.94	29.89	403.4 %
Average Shares	108.70	108.70	-
EPS (Riyals)	0.05	0.27	403.4 %

Item	Q2 2023	Q3 2023	Change‬
Revenues	67.96	79.52	17.0 %
Gross Income	20.78	36.99	78.0 %
Operating Income	15.66	31.68	102.3 %
Net Income	4.08	29.89	631.7 %
Average Shares	108.70	108.70	-
EPS (Riyals)	0.04	0.27	631.7 %

In Q3 2023, net earnings skyrocketed to SAR 29 million from SAR 5.94 million in Q3 2022, thanks to better sales value and volume.

The cement producer also reported a decline in the cost of goods sold and recorded SAR 9.5 million gains from rescheduling a debt owed to the Ministry of Industry and Mineral Resources.

The cement producer’s net profit climbed 44% from SAR 20.15 million in Q2 2023 driven by higher sales value.

Total shareholders’ equity, after minority interest, rose to SAR 1.20 billion as of Sept. 30, 2023, up from SAR 1.10 billion in the prior-year period.

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Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2014	69.35	(30.9 %)	25.93	(28.2 %)	18.16	(37.0 %)
Q2 2014	72.50	(12.9 %)	26.26	(6.2 %)	19.47	14.2 %
Q3 2014	54.19	8.2 %	19.69	10.0 %	12.49	18.9 %
Q4 2014	73.19	22.0 %	30.79	105.0 %	21.39	246.1 %
2014	269.23	(8.3 %)	102.67	5.8 %	71.51	14.3 %
Q1 2015	87.41	26.0 %	36.83	42.0 %	28.30	55.8 %
Q2 2015	93.20	28.5 %	38.41	46.3 %	30.34	55.8 %
Q3 2015	70.35	29.8 %	30.78	56.3 %	22.29	78.4 %
Q4 2015	85.34	16.6 %	16.00	(48.0 %)	7.87	(63.2 %)
2015	336.29	24.9 %	122.02	18.8 %	88.78	24.2 %
Q1 2016	90.80	3.9 %	35.54	(3.5 %)	27.53	(2.7 %)
Q2 2016	90.84	(2.5 %)	31.14	(18.9 %)	23.20	(23.5 %)
Q3 2016	63.91	(9.2 %)	24.49	(20.4 %)	18.32	(17.8 %)
Q4 2016	74.35	(12.9 %)	17.06	6.6 %	9.65	22.7 %
2016	319.89	(4.9 %)	108.23	(11.3 %)	78.70	(11.4 %)
Q1 2017	80.27	(11.6 %)	25.79	(27.4 %)	19.63	(28.7 %)
Q2 2017	62.36	(31.4 %)	20.00	(35.8 %)	13.73	(40.8 %)
Q3 2017	53.14	(16.8 %)	11.23	(54.1 %)	5.20	(71.6 %)
Q4 2017	70.13	(5.7 %)	22.45	31.6 %	16.12	67.0 %
2017	265.90	(16.9 %)	79.47	(26.6 %)	54.68	(30.5 %)
Q1 2018	49.74	(38.0 %)	11.10	(57.0 %)	4.62	(76.4 %)
Q2 2018	27.20	(56.4 %)	(5.10)	(125.5 %)	(12.02)	(187.5 %)
Q3 2018	25.84	(51.4 %)	(9.13)	(181.3 %)	(16.06)	(409.0 %)
Q4 2018	34.89	(50.2 %)	(4.40)	(119.6 %)	(11.77)	(173.0 %)
2018	137.67	(48.2 %)	(7.54)	(109.5 %)	(35.23)	(164.4 %)
Q1 2019	56.85	14.3 %	6.82	(38.5 %)	1.09	(76.5 %)
Q2 2019	46.20	69.8 %	6.73	231.8 %	1.18	109.8 %
Q3 2019	26.98	4.4 %	7.96	187.2 %	2.54	115.8 %
Q4 2019	39.73	13.9 %	10.21	332.0 %	3.55	130.2 %
2019	169.75	23.3 %	31.71	520.9 %	8.36	123.7 %
Q1 2020	58.81	3.5 %	23.63	246.3 %	17.49	1509.3 %
Q2 2020	56.49	22.3 %	15.75	134.3 %	9.23	682.3 %
Q3 2020	68.94	155.5 %	18.41	131.4 %	12.69	400.4 %
Q4 2020	67.77	70.6 %	15.48	51.7 %	8.61	142.3 %
2020	252.00	48.5 %	73.28	131.1 %	48.03	474.6 %
Q1 2021	67.89	15.4 %	30.25	28.0 %	24.37	39.3 %
Q2 2021	53.74	(4.9 %)	19.25	22.2 %	13.12	42.1 %
Q3 2021	54.89	(20.4 %)	14.80	(19.6 %)	8.91	(29.8 %)
Q4 2021	50.01	(26.2 %)	(43.31)	(379.7 %)	(108.55)	(1360.3 %)
2021	226.52	(10.1 %)	20.99	(71.4 %)	(62.16)	(229.4 %)
Q1 2022	48.81	(28.1 %)	13.92	(54.0 %)	7.89	(67.6 %)
Q2 2022	49.48	(7.9 %)	12.87	(33.1 %)	7.23	(44.9 %)
Q3 2022	74.14	35.1 %	19.16	29.5 %	13.84	55.3 %
Q4 2022	79.43	58.8 %	27.48	163.4 %	32.89	130.3 %
2022	251.86	11.2 %	73.43	249.9 %	61.85	199.5 %
Q1 2023	70.27	44.0 %	24.34	74.8 %	19.51	147.3 %
Q2 2023	67.96	37.3 %	20.78	61.4 %	15.66	116.7 %
Q3 2023	79.52	7.2 %	36.99	93.1 %	31.68	128.9 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2013	293.68	(20.4 %)	97.03	(37.5 %)	62.55	(49.3 %)
2014	269.23	(8.3 %)	102.67	5.8 %	71.51	14.3 %
2015	336.29	24.9 %	122.02	18.8 %	88.78	24.2 %
2016	319.89	(4.9 %)	108.23	(11.3 %)	78.70	(11.4 %)
2017	265.90	(16.9 %)	79.47	(26.6 %)	54.68	(30.5 %)
2018	137.67	(48.2 %)	(7.54)	(109.5 %)	(35.23)	(164.4 %)
2019	169.75	23.3 %	31.71	520.9 %	8.36	123.7 %
2020	252.00	48.5 %	73.28	131.1 %	48.03	474.6 %
2021	226.52	(10.1 %)	20.99	(71.4 %)	(62.16)	(229.4 %)
2022	251.86	11.2 %	73.43	249.9 %	61.85	199.5 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2014	15.01	(39.9 %)	0.14	-	15.01	0.14
Q2 2014	16.08	16.4 %	0.15	-	16.08	0.15
Q3 2014	8.60	17.1 %	0.08	-	8.60	0.08
Q4 2014	20.87	162.0 %	0.19	-	20.87	0.19
2014	60.55	11.9 %	0.56	-	60.55	0.56
Q1 2015	25.76	71.6 %	0.24	-	25.76	0.24
Q2 2015	26.81	66.7 %	0.25	-	26.81	0.25
Q3 2015	18.63	116.6 %	0.17	-	18.63	0.17
Q4 2015	5.14	(75.3 %)	0.05	-	5.14	0.05
2015	76.34	26.1 %	0.70	-	76.34	0.70
Q1 2016	24.72	(4.0 %)	0.23	-	24.72	0.23
Q2 2016	22.74	(15.2 %)	0.21	-	22.74	0.21
Q3 2016	14.90	(20.0 %)	0.14	-	14.90	0.14
Q4 2016	9.70	88.6 %	0.09	-	9.70	0.09
2016	72.07	(5.6 %)	0.66	-	72.07	0.66
Q1 2017	16.29	(34.1 %)	0.15	-	16.29	0.15
Q2 2017	10.52	(53.7 %)	0.10	-	10.52	0.10
Q3 2017	5.84	(60.8 %)	0.05	-	5.84	0.05
Q4 2017	8.46	(12.8 %)	0.08	(5.00)	13.46	0.12
2017	41.11	(43.0 %)	0.38	(5.00)	46.11	0.42
Q1 2018	4.11	(74.8 %)	0.04	-	4.11	0.04
Q2 2018	(13.70)	(230.2 %)	(0.13)	-	(13.70)	(0.13)
Q3 2018	(18.87)	(423.0 %)	(0.17)	-	(18.87)	(0.17)
Q4 2018	(11.05)	(230.7 %)	(0.10)	-	(11.05)	(0.10)
2018	(39.51)	(196.1 %)	(0.36)	-	(39.51)	(0.36)
Q1 2019	1.49	(63.6 %)	0.01	-	1.49	0.01
Q2 2019	0.11	100.8 %	0.00	-	0.11	0.00
Q3 2019	1.11	105.9 %	0.01	-	1.11	0.01
Q4 2019	2.54	123.0 %	0.02	-	2.54	0.02
2019	5.26	113.3 %	0.05	-	5.26	0.05
Q1 2020	15.21	918.3 %	0.14	-	15.21	0.14
Q2 2020	7.25	6256.1 %	0.07	-	7.25	0.07
Q3 2020	8.22	643.4 %	0.08	(1.80)	10.02	0.09
Q4 2020	(129.22)	(5183.5 %)	(1.19)	(110.20)	(19.03)	(0.18)
2020	(98.54)	(1974.8 %)	(0.91)	(112.00)	13.46	0.12
Q1 2021	18.00	18.3 %	0.17	-	18.00	0.17
Q2 2021	7.69	6.1 %	0.07	-	7.69	0.07
Q3 2021	4.14	(49.7 %)	0.04	-	4.14	0.04
Q4 2021	(122.47)	5.2 %	(1.13)	(6.59)	(115.88)	(1.07)
2021	(92.64)	6.0 %	(0.85)	(6.59)	(86.05)	(0.79)
Q1 2022	3.55	(80.3 %)	0.03	-	3.55	0.03
Q2 2022	(1.73)	(122.5 %)	(0.02)	-	(1.73)	(0.02)
Q3 2022	5.94	43.5 %	0.05	-	5.94	0.05
Q4 2022	23.14	118.9 %	0.21	5.50	17.64	0.16
2022	30.89	133.3 %	0.28	5.50	25.39	0.23
Q1 2023	10.27	189.3 %	0.09	1.13	9.14	0.08
Q2 2023	4.08	335.7 %	0.04	(0.09)	4.17	0.04
Q3 2023	29.89	403.4 %	0.27	9.92	19.97	0.18

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2013	54.11	(49.5 %)	0.50	-	54.11	0.50
2014	60.55	11.9 %	0.56	-	60.55	0.56
2015	76.34	26.1 %	0.70	-	76.34	0.70
2016	72.07	(5.6 %)	0.66	-	72.07	0.66
2017	41.11	(43.0 %)	0.38	(5.00)	46.11	0.42
2018	(39.51)	(196.1 %)	(0.36)	-	(39.51)	(0.36)
2019	5.26	113.3 %	0.05	-	5.26	0.05
2020	(98.54)	(1974.8 %)	(0.91)	(112.00)	13.46	0.12
2021	(92.64)	6.0 %	(0.85)	(6.59)	(86.05)	(0.79)
2022	30.89	133.3 %	0.28	5.50	25.39	0.23

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2014	33.07 %	40.88 %	16.80 %
Q2 2014	33.78 %	43.78 %	18.41 %
Q3 2014	33.94 %	43.75 %	18.61 %
Q4 2014	38.13 %	47.25 %	22.49 %
2014	38.13 %	47.25 %	22.49 %
Q1 2015	39.53 %	47.83 %	24.82 %
Q2 2015	40.82 %	48.60 %	26.63 %
Q3 2015	42.21 %	49.75 %	28.40 %
Q4 2015	36.28 %	44.10 %	22.70 %
2015	36.28 %	44.10 %	22.70 %
Q1 2016	35.54 %	43.76 %	22.17 %
Q2 2016	33.64 %	41.90 %	21.12 %
Q3 2016	32.39 %	41.46 %	20.40 %
Q4 2016	33.83 %	43.50 %	22.53 %
2016	33.83 %	43.50 %	22.53 %
Q1 2017	31.83 %	42.41 %	20.57 %
Q2 2017	31.09 %	43.52 %	18.31 %
Q3 2017	27.42 %	40.12 %	15.68 %
Q4 2017	29.89 %	43.47 %	17.34 %
2017	29.89 %	43.47 %	17.34 %
Q1 2018	27.52 %	42.60 %	14.42 %
Q2 2018	19.82 %	36.73 %	4.85 %
Q3 2018	11.17 %	30.40 %	(8.67 %)
Q4 2018	(5.47 %)	3.03 %	(28.70 %)
2018	(5.47 %)	3.03 %	(28.70 %)
Q1 2019	(8.16 %)	(2.66 %)	(29.10 %)
Q2 2019	0.01 %	2.96 %	(17.29 %)
Q3 2019	10.37 %	4.44 %	(5.06 %)
Q4 2019	18.68 %	20.08 %	3.10 %
2019	18.68 %	20.08 %	3.10 %
Q1 2020	28.26 %	28.40 %	11.05 %
Q2 2020	31.62 %	30.81 %	14.34 %
Q3 2020	30.36 %	34.31 %	15.64 %
Q4 2020	29.08 %	31.14 %	5.34 %
2020	29.08 %	31.14 %	5.34 %
Q1 2021	30.60 %	32.74 %	6.22 %
Q2 2021	32.28 %	33.70 %	6.46 %
Q3 2021	32.66 %	33.35 %	4.42 %
Q4 2021	9.26 %	(13.92 %)	(37.99 %)
2021	9.26 %	(13.92 %)	(37.99 %)
Q1 2022	2.24 %	(23.19 %)	(48.45 %)
Q2 2022	(0.85 %)	(25.81 %)	(54.10 %)
Q3 2022	1.19 %	(20.03 %)	(48.61 %)
Q4 2022	29.16 %	37.53 %	10.08 %
2022	29.16 %	37.53 %	10.08 %
Q1 2023	30.68 %	39.73 %	11.34 %
Q2 2023	31.45 %	40.83 %	12.64 %
Q3 2023	36.88 %	47.39 %	17.13 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2013	33.04 %	40.07 %	18.42 %
2014	38.13 %	47.25 %	22.49 %
2015	36.28 %	44.10 %	22.70 %
2016	33.83 %	43.50 %	22.53 %
2017	29.89 %	43.47 %	17.34 %
2018	(5.47 %)	3.03 %	(28.70 %)
2019	18.68 %	20.08 %	3.10 %
2020	29.08 %	31.14 %	5.34 %
2021	9.26 %	(13.92 %)	(37.99 %)
2022	29.16 %	37.53 %	10.08 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2014	37.40 %	46.27 %	21.65 %
Q2 2014	36.22 %	45.95 %	22.18 %
Q3 2014	36.33 %	47.92 %	15.87 %
Q4 2014	42.07 %	48.99 %	28.51 %
Q1 2015	42.14 %	48.37 %	29.47 %
Q2 2015	41.21 %	48.91 %	28.77 %
Q3 2015	43.75 %	53.39 %	26.47 %
Q4 2015	18.75 %	26.83 %	6.03 %
Q1 2016	39.14 %	46.94 %	27.23 %
Q2 2016	34.28 %	42.13 %	25.04 %
Q3 2016	38.32 %	52.24 %	23.32 %
Q4 2016	22.95 %	33.45 %	13.05 %
Q1 2017	32.13 %	43.20 %	20.29 %
Q2 2017	32.07 %	47.02 %	16.88 %
Q3 2017	21.14 %	36.70 %	10.99 %
Q4 2017	32.02 %	45.74 %	19.19 %
Q1 2018	22.31 %	38.92 %	8.26 %
Q2 2018	(18.76 %)	9.52 %	(50.37 %)
Q3 2018	(35.33 %)	(5.67 %)	(73.01 %)
Q4 2018	(12.61 %)	(46.76 %)	(31.68 %)
Q1 2019	12.00 %	19.94 %	2.63 %
Q2 2019	14.56 %	24.45 %	0.25 %
Q3 2019	29.49 %	3.73 %	4.10 %
Q4 2019	25.70 %	26.29 %	6.40 %
Q1 2020	40.18 %	44.24 %	25.87 %
Q2 2020	27.89 %	32.95 %	12.83 %
Q3 2020	26.71 %	31.58 %	14.54 %
Q4 2020	22.85 %	17.80 %	(28.07 %)
Q1 2021	44.56 %	48.65 %	26.52 %
Q2 2021	35.82 %	37.60 %	14.31 %
Q3 2021	26.96 %	29.46 %	7.54 %
Q4 2021	(86.61 %)	(201.85 %)	(231.72 %)
Q1 2022	28.52 %	33.70 %	7.27 %
Q2 2022	26.02 %	32.08 %	(3.50 %)
Q3 2022	25.84 %	32.46 %	8.01 %
Q4 2022	34.60 %	48.00 %	22.20 %
Q1 2023	34.63 %	43.45 %	13.01 %
Q2 2023	30.58 %	38.88 %	6.14 %
Q3 2023	46.52 %	57.55 %	25.11 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2014	108.70	0.41	0.41	12.83
Q2 2014	108.70	0.43	0.43	13.00
Q3 2014	108.70	0.44	0.44	13.08
Q4 2014	108.70	0.56	0.56	13.27
Q1 2015	108.70	0.66	0.66	13.51
Q2 2015	108.70	0.75	0.75	13.76
Q3 2015	108.70	0.85	0.85	13.93
Q4 2015	108.70	0.70	0.70	13.97
Q1 2016	108.70	0.69	0.69	14.20
Q2 2016	108.70	0.66	0.66	14.41
Q3 2016	108.70	0.62	0.62	14.55
Q4 2016	108.70	0.66	0.66	14.65
Q1 2017	108.70	0.59	0.59	14.79
Q2 2017	108.70	0.47	0.47	14.89
Q3 2017	108.70	0.39	0.39	14.93
Q4 2017	108.70	0.38	0.42	15.01
Q1 2018	108.70	0.27	0.31	15.04
Q2 2018	108.70	0.04	0.09	14.91
Q3 2018	108.70	(0.18)	(0.14)	14.73
Q4 2018	108.70	(0.36)	(0.36)	14.10
Q1 2019	108.70	(0.39)	(0.39)	14.12
Q2 2019	108.70	(0.26)	(0.26)	14.12
Q3 2019	108.70	(0.08)	(0.08)	14.13
Q4 2019	108.70	0.05	0.05	14.15
Q1 2020	108.70	0.17	0.17	14.29
Q2 2020	108.70	0.24	0.24	14.35
Q3 2020	108.70	0.31	0.32	14.41
Q4 2020	108.70	(0.91)	0.12	11.43
Q1 2021	108.70	(0.88)	0.15	13.64
Q2 2021	108.70	(0.88)	0.15	13.43
Q3 2021	108.70	(0.91)	0.10	13.48
Q4 2021	108.70	(0.85)	(0.79)	10.14
Q1 2022	108.70	(0.99)	(0.92)	10.08
Q2 2022	108.70	(1.07)	(1.01)	10.16
Q3 2022	108.70	(1.06)	(0.99)	10.12
Q4 2022	108.70	0.28	0.23	10.45
Q1 2023	108.70	0.35	0.29	10.67
Q2 2023	108.70	0.40	0.34	10.59
Q3 2023	108.70	0.62	0.47	11.12

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2013	108.70	0.50	0.50	12.69
2014	108.70	0.56	0.56	13.27
2015	108.70	0.70	0.70	13.97
2016	108.70	0.66	0.66	14.65
2017	108.70	0.38	0.42	15.01
2018	108.70	(0.36)	(0.36)	14.10
2019	108.70	0.05	0.05	14.15
2020	108.70	(0.91)	0.12	11.43
2021	108.70	(0.85)	(0.79)	10.14
2022	108.70	0.28	0.23	10.45

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2014	52.76	52.76	1.67
Q2 2014	54.83	54.83	1.80
Q3 2014	65.66	65.66	2.20
Q4 2014	30.17	30.17	1.27
Q1 2015	27.79	27.79	1.35
Q2 2015	25.52	25.52	1.40
Q3 2015	16.97	16.97	1.03
Q4 2015	18.05	18.05	0.91
Q1 2016	15.52	15.52	0.76
Q2 2016	16.33	16.33	0.74
Q3 2016	13.46	13.46	0.57
Q4 2016	16.24	16.24	0.74
Q1 2017	17.38	17.38	0.69
Q2 2017	20.15	20.15	0.64
Q3 2017	24.19	24.19	0.63
Q4 2017	35.05	31.25	0.88
Q1 2018	50.24	42.84	0.89
Q2 2018	More than 100	More than 100	0.83
Q3 2018	NEG	NEG	0.79
Q4 2018	NEG	NEG	0.72
Q1 2019	NEG	NEG	0.74
Q2 2019	NEG	NEG	0.74
Q3 2019	NEG	NEG	0.80
Q4 2019	More than 100	More than 100	0.89
Q1 2020	60.62	60.62	0.74
Q2 2020	48.12	48.12	0.81
Q3 2020	47.63	45.18	1.01
Q4 2020	NEG	More than 100	1.28
Q1 2021	NEG	More than 100	1.16
Q2 2021	NEG	More than 100	1.41
Q3 2021	NEG	More than 100	1.22
Q4 2021	NEG	NEG	1.41
Q1 2022	NEG	NEG	1.44
Q2 2022	NEG	NEG	1.31
Q3 2022	NEG	NEG	1.12
Q4 2022	38.91	47.35	1.06
Q1 2023	36.41	44.20	1.18
Q2 2023	32.19	37.90	1.21
Q3 2023	19.04	25.19	1.06

Period	P/E	Adjusted P/E	Price/book
2013	42.31	42.31	1.66
2014	30.18	30.18	1.27
2015	18.05	18.05	0.91
2016	16.24	16.24	0.74
2017	35.05	31.25	0.88
2018	NEG	NEG	0.72
2019	More than 100	More than 100	0.89
2020	NEG	More than 100	1.28
2021	NEG	NEG	1.41
2022	38.91	47.35	1.06

Business Segments (Million)

Compared With The

Period	Cement	Clinker	Transportation Revenue
Q3 2023	62.11	17.21	-

Period	Cement	Clinker	Transportation Revenue
2021	207.36	12.65	6.51
2022	176.04	52.56	23.26

Analysts Estimates (Million)

Item	Q3 2023 (e)	Q3 2023 (a)	Change‬
Average	22.00	29.89	35.85 %

Estimates vs Actual (Million)

Item	Q3 2023 (e)	Q3 2023 (a)	Change
Hermes	22.00	29.89	35.8 %

Financial Ratios

	Current
Market Cap (M Riyal)	1,108.74
Enterprise Value (EV) (M)	1,731.89
Shares Outstanding ((M))	108.70
EPS ( Riyal) (TTM)	0.39
Book Value (BV) ( Riyal)	11.51
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	25.97
Price/book	0.89
Return on Average Assets (%) (TTM)	2.1
Return on Average Equity (%) (TTM)	3.5

Al Jouf Cement Co. (JOUF CEMENT)

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Al-Jouf Cement’s 9M 2023 profit surges to SAR 72.6 mln; Q3 at SAR 29 mln

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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) 2023 Q3

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Al Jouf Cement Co. (JOUF CEMENT)

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Al-Jouf Cement’s 9M 2023 profit surges to SAR 72.6 mln; Q3 at SAR 29 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) Q3 2023

Revenue by Business Segment (Latest) 2023 Q3

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Al Jouf Cement Co. (JOUF CEMENT)

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Business Segments (Million)