Financial Results : Jarir posts higher net profit at SAR 336.6m in I2 of 2014

Jarir posts higher net profit at SAR 336.6m in I2 of 2014

30/06/2014 Argaam Exclusive

View other reports

Jarir Marketing Co., owns Jarir libraries, reported SAR 336.6m net profit at the end of the first half of 2014, a 10% increase compared to the same period last year, as shown in the following table:



Financials (M)

Item 6m 2013 6m 2014 Change‬
Revenues 2,588.26 2,688.28 3.9 %
Gross Income 374.68 408.71 9.1 %
Operating Income 307.02 333.24 8.5 %
Net Income 307.06 336.56 9.6 %
Average Shares 1,200.00 1,200.00 -
EPS (Riyals) 0.26 0.28 9.6 %


Current Quarter Comparison (M)

Compared With The
Item Q2 2013 Q2 2014 Change‬
Revenues 1,258.28 1,289.43 2.5 %
Gross Income 163.93 173.66 5.9 %
Operating Income 127.32 133.31 4.7 %
Net Income 126.22 135.23 7.1 %
Average Shares 1,200.00 1,200.00 -
EPS (Riyals) 0.11 0.11 7.1 %


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2005 272.81 34.5 % 53.33 24.5 % 42.94 31.8 %
Q2 2005 261.91 55.6 % 39.60 47.9 % 28.37 57.9 %
Q3 2005 360.81 37.1 % 76.03 30.0 % 63.70 35.4 %
Q4 2005 314.20 64.3 % 55.96 65.1 % 41.79 101.4 %
Q1 2006 390.82 43.3 % 83.55 56.7 % 72.51 68.9 %
Q2 2006 319.65 22.0 % 54.53 37.7 % 43.80 54.4 %
Q3 2006 446.76 23.8 % 98.22 29.2 % 83.76 31.5 %
Q4 2006 348.15 10.8 % 61.88 10.6 % 42.07 0.7 %
Q1 2007 428.49 9.6 % 88.95 6.5 % 79.16 9.2 %
Q2 2007 394.51 23.4 % 69.45 27.4 % 55.58 26.9 %
Q3 2007 477.65 6.9 % 101.24 3.1 % 89.33 6.7 %
Q4 2007 440.58 26.5 % 72.36 16.9 % 52.82 25.6 %
Q1 2008 597.65 39.5 % 120.72 35.7 % 100.27 26.7 %
Q2 2008 617.40 56.5 % 91.47 31.7 % 69.92 25.8 %
Q3 2008 636.72 33.3 % 109.92 8.6 % 92.35 3.4 %
Q4 2008 668.15 51.7 % 112.89 56.0 % 86.68 64.1 %
Q1 2009 662.06 10.8 % 126.50 4.8 % 106.61 6.3 %
Q2 2009 572.96 (7.2 %) 102.47 12.0 % 79.43 13.6 %
Q3 2009 595.80 (6.4 %) 120.53 9.7 % 94.16 2.0 %
Q4 2009 724.48 8.4 % 136.87 21.2 % 104.26 20.3 %
Q1 2010 795.47 20.2 % 142.97 13.0 % 117.54 10.3 %
Q2 2010 671.97 17.3 % 98.82 (3.6 %) 74.74 (5.9 %)
Q3 2010 735.32 23.4 % 126.84 5.2 % 102.63 9.0 %
Q4 2010 811.80 12.1 % 132.95 (2.9 %) 100.77 (3.3 %)
Q1 2011 945.63 18.9 % 162.68 13.8 % 135.53 15.3 %
Q2 2011 968.26 44.1 % 127.80 29.3 % 97.22 30.1 %
Q3 2011 1,208.91 64.4 % 183.99 45.1 % 150.90 47.0 %
Q4 2011 1,024.52 26.2 % 159.15 19.7 % 122.89 21.9 %
Q1 2012 1,196.21 26.5 % 190.19 16.9 % 160.77 18.6 %
Q2 2012 1,065.83 10.1 % 137.29 7.4 % 106.17 9.2 %
Q3 2012 1,189.84 (1.6 %) 193.39 5.1 % 160.05 6.1 %
Q4 2012 1,182.34 15.4 % 173.24 8.9 % 135.00 9.9 %
Q1 2013 1,329.98 11.2 % 210.75 10.8 % 179.70 11.8 %
Q2 2013 1,258.28 18.1 % 163.93 19.4 % 127.32 19.9 %
Q3 2013 1,334.15 12.1 % 218.87 13.2 % 184.54 15.3 %
Q4 2013 1,320.26 11.7 % 200.80 15.9 % 156.49 15.9 %
Q1 2014 1,398.85 5.2 % 235.05 11.5 % 199.92 11.3 %
Q2 2014 1,289.43 2.5 % 173.66 5.9 % 133.31 4.7 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
Q1 2005 43.55 30.1 % 0.04 - 43.55 0.04
Q2 2005 29.35 50.7 % 0.02 - 29.35 0.02
Q3 2005 60.99 31.3 % 0.05 - 60.99 0.05
Q4 2005 42.33 99.6 % 0.04 - 42.33 0.04
Q1 2006 76.08 74.7 % 0.06 - 76.08 0.06
Q2 2006 43.90 49.6 % 0.04 - 43.90 0.04
Q3 2006 80.76 32.4 % 0.07 - 80.76 0.07
Q4 2006 42.55 0.5 % 0.04 - 42.55 0.04
Q1 2007 80.09 5.3 % 0.07 - 80.09 0.07
Q2 2007 54.35 23.8 % 0.05 - 54.35 0.05
Q3 2007 87.48 8.3 % 0.07 - 87.48 0.07
Q4 2007 54.33 27.7 % 0.05 - 54.33 0.05
Q1 2008 97.11 21.3 % 0.08 - 97.11 0.08
Q2 2008 67.08 23.4 % 0.06 - 67.08 0.06
Q3 2008 88.40 1.0 % 0.07 - 88.40 0.07
Q4 2008 80.18 47.6 % 0.07 - 80.18 0.07
Q1 2009 107.45 10.6 % 0.09 - 107.45 0.09
Q2 2009 72.41 8.0 % 0.06 - 72.41 0.06
Q3 2009 90.64 2.5 % 0.08 - 90.64 0.08
Q4 2009 103.47 29.0 % 0.09 - 103.47 0.09
Q1 2010 118.49 10.3 % 0.10 - 118.49 0.10
Q2 2010 75.77 4.6 % 0.06 - 75.77 0.06
Q3 2010 102.87 13.5 % 0.09 - 102.87 0.09
Q4 2010 103.62 0.1 % 0.09 - 103.62 0.09
Q1 2011 136.77 15.4 % 0.11 - 136.77 0.11
Q2 2011 98.52 30.0 % 0.08 - 98.52 0.08
Q3 2011 152.88 48.6 % 0.13 - 152.88 0.13
Q4 2011 124.82 20.5 % 0.10 - 124.82 0.10
Q1 2012 164.23 20.1 % 0.14 - 164.23 0.14
Q2 2012 106.98 8.6 % 0.09 - 106.98 0.09
Q3 2012 160.71 5.1 % 0.13 - 160.71 0.13
Q4 2012 137.91 10.5 % 0.11 - 137.91 0.11
Q1 2013 180.84 10.1 % 0.15 - 180.84 0.15
Q2 2013 126.22 18.0 % 0.11 - 126.22 0.11
Q3 2013 186.19 15.9 % 0.16 - 186.19 0.16
Q4 2013 160.03 16.0 % 0.13 - 160.03 0.13
Q1 2014 201.33 11.3 % 0.17 - 201.33 0.17
Q2 2014 135.23 7.1 % 0.11 - 135.23 0.11

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2005 19.26 % 15.64 % 14.59 %
Q2 2005 18.74 % 15.36 % 14.21 %
Q3 2005 18.67 % 15.71 % 14.27 %
Q4 2005 18.59 % 15.55 % 14.57 %
Q1 2006 19.22 % 16.40 % 15.72 %
Q2 2006 19.49 % 16.79 % 16.12 %
Q3 2006 19.86 % 17.09 % 16.52 %
Q4 2006 19.81 % 16.90 % 16.16 %
Q1 2007 19.67 % 16.92 % 16.03 %
Q2 2007 19.69 % 16.85 % 15.93 %
Q3 2007 19.50 % 16.86 % 16.04 %
Q4 2007 19.07 % 16.69 % 15.87 %
Q1 2008 19.04 % 16.32 % 15.35 %
Q2 2008 18.08 % 15.30 % 14.34 %
Q3 2008 17.21 % 14.37 % 13.39 %
Q4 2008 17.26 % 14.42 % 13.21 %
Q1 2009 17.06 % 14.32 % 13.28 %
Q2 2009 17.79 % 14.97 % 13.72 %
Q3 2009 18.50 % 15.33 % 14.03 %
Q4 2009 19.03 % 15.78 % 14.64 %
Q1 2010 18.70 % 15.42 % 14.32 %
Q2 2010 17.91 % 14.74 % 13.93 %
Q3 2010 17.27 % 14.34 % 13.68 %
Q4 2010 16.64 % 13.78 % 13.29 %
Q1 2011 16.47 % 13.70 % 13.24 %
Q2 2011 15.90 % 13.17 % 12.76 %
Q3 2011 15.44 % 12.82 % 12.50 %
Q4 2011 15.28 % 12.72 % 12.37 %
Q1 2012 15.03 % 12.57 % 12.29 %
Q2 2012 14.92 % 12.52 % 12.21 %
Q3 2012 15.19 % 12.79 % 12.44 %
Q4 2012 14.98 % 12.59 % 12.30 %
Q1 2013 14.99 % 12.66 % 12.30 %
Q2 2013 14.94 % 12.59 % 12.21 %
Q3 2013 15.02 % 12.69 % 12.36 %
Q4 2013 15.15 % 12.70 % 12.46 %
Q1 2014 15.41 % 12.97 % 12.68 %
Q2 2014 15.51 % 13.03 % 12.78 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
Q1 2005 1,200.00 0.11 0.11 0.31
Q2 2005 1,200.00 0.12 0.12 0.34
Q3 2005 1,200.00 0.13 0.13 0.39
Q4 2005 1,200.00 0.15 0.15 0.42
Q1 2006 1,200.00 0.17 0.17 0.39
Q2 2006 1,200.00 0.19 0.19 0.42
Q3 2006 1,200.00 0.20 0.20 0.49
Q4 2006 1,200.00 0.20 0.20 0.53
Q1 2007 1,200.00 0.21 0.21 0.44
Q2 2007 1,200.00 0.21 0.21 0.49
Q3 2007 1,200.00 0.22 0.22 0.56
Q4 2007 1,200.00 0.23 0.23 0.51
Q1 2008 1,200.00 0.24 0.24 0.49
Q2 2008 1,200.00 0.26 0.26 0.55
Q3 2008 1,200.00 0.26 0.26 0.51
Q4 2008 1,200.00 0.28 0.28 0.57
Q1 2009 1,200.00 0.29 0.29 0.55
Q2 2009 1,200.00 0.29 0.29 0.55
Q3 2009 1,200.00 0.29 0.29 0.57
Q4 2009 1,200.00 0.31 0.31 0.60
Q1 2010 1,200.00 0.32 0.32 0.62
Q2 2010 1,200.00 0.32 0.32 0.61
Q3 2010 1,200.00 0.33 0.33 0.64
Q4 2010 1,200.00 0.33 0.33 0.66
Q1 2011 1,200.00 0.35 0.35 0.71
Q2 2011 1,200.00 0.37 0.37 0.70
Q3 2011 1,200.00 0.41 0.41 0.76
Q4 2011 1,200.00 0.43 0.43 0.76
Q1 2012 1,200.00 0.45 0.45 0.81
Q2 2012 1,200.00 0.46 0.46 0.79
Q3 2012 1,200.00 0.46 0.46 0.86
Q4 2012 1,200.00 0.47 0.47 0.86
Q1 2013 1,200.00 0.49 0.49 0.91
Q2 2013 1,200.00 0.50 0.50 0.90
Q3 2013 1,200.00 0.53 0.53 0.97
Q4 2013 1,200.00 0.54 0.54 0.98
Q1 2014 1,200.00 0.56 0.56 1.04
Q2 2014 1,200.00 0.57 0.57 1.02

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2005 17.34 17.34 6.01
Q2 2005 27.31 27.31 9.45
Q3 2005 32.19 32.19 10.68
Q4 2005 32.21 32.21 11.14
Q1 2006 24.63 24.63 11.04
Q2 2006 23.78 23.78 10.42
Q3 2006 21.32 21.32 8.78
Q4 2006 18.22 18.22 7.00
Q1 2007 17.23 17.23 7.99
Q2 2007 15.77 15.77 6.92
Q3 2007 17.30 17.30 6.78
Q4 2007 17.11 17.11 7.76
Q1 2008 16.32 16.32 8.16
Q2 2008 18.29 18.29 8.49
Q3 2008 17.25 17.25 8.73
Q4 2008 15.51 15.51 7.51
Q1 2009 14.84 14.84 7.72
Q2 2009 15.10 15.10 8.01
Q3 2009 15.54 15.54 7.93
Q4 2009 14.31 14.31 7.40
Q1 2010 15.09 15.09 7.75
Q2 2010 16.07 16.07 8.51
Q3 2010 15.88 15.88 8.22
Q4 2010 15.07 15.07 7.57
Q1 2011 13.70 13.70 6.72
Q2 2011 15.96 15.96 8.34
Q3 2011 13.95 13.95 7.48
Q4 2011 16.29 16.29 9.22
Q1 2012 17.10 17.10 9.48
Q2 2012 16.51 16.51 9.54
Q3 2012 16.57 16.57 8.99
Q4 2012 16.35 16.35 9.08
Q1 2013 16.73 16.73 8.95
Q2 2013 19.12 19.12 10.74
Q3 2013 21.98 21.98 11.93
Q4 2013 21.91 21.91 12.20
Q1 2014 27.52 27.52 14.86
Q2 2014 25.93 25.93 14.50

Business Segments (Million)

Compared With The
Period Retail sector Wholesale sector
Q1 2005 223.39 49.42
Q2 2005 246.56 15.36
Q3 2005 277.35 83.46
Q4 2005 297.80 16.41
Q1 2006 333.62 57.20
Q2 2006 297.07 22.58
Q3 2006 361.61 85.15
Q4 2006 325.95 22.20
Q1 2007 359.78 68.71
Q2 2007 366.64 27.87
Q3 2007 388.22 89.43
Q4 2007 404.07 36.52
Q1 2008 501.96 95.69
Q2 2008 574.68 42.72
Q3 2008 553.83 82.88
Q4 2008 600.72 67.43
Q1 2009 562.00 100.00
Q2 2009 530.00 43.00
Q3 2009 501.00 95.00
Q4 2009 663.00 61.00
Q1 2010 678.00 117.00
Q2 2010 627.00 45.00
Q3 2010 623.00 113.00
Q4 2010 753.00 59.00
Q1 2011 827.00 119.00
Q2 2011 917.00 51.00
Q3 2011 1,067.00 142.00
Q4 2011 960.00 64.00
Q1 2012 1,070.00 126.00
Q2 2012 1,009.00 57.00
Q3 2012 1,034.00 156.00
Q4 2012 1,092.00 90.00
Q1 2013 1,224.00 106.00
Q2 2013 1,203.00 55.00
Q3 2013 1,173.00 161.00
Q4 2013 1,229.00 92.00
Q1 2014 1,275.00 124.00
Q2 2014 1,230.00 59.00

Current
Market Cap (M Riyal) 15,240.00
Enterprise Value (EV) (M) 14,929.26
Shares Outstanding ((M)) 1,200.00
EPS ( Riyal) (TTM) 0.81
Book Value (BV) ( Riyal) 1.48
Par Value ( Riyal) 1.00
Adjusted P/E (Last12) 15.68
P/E (TTM) 15.68
Price/book 8.57
Return on Average Assets (%) (TTM) 23.5
Return on Average Equity (%) (TTM) 54.3

Share Price

12.70
(0.02) (0.16 %)

Jarir Marketing Co. (JARIR)


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.