Taiba net profit rises 167% in FY2019

27/02/2020 Argaam Exclusive

Content Summary:

Loading data...

Comments Analysis:

Positive: 0%
Neutral: 0%
Negative: 0%
Comments Summary:Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original sources for complete details and to verify the accuracy of the information.

Taiba Investments Co. (Taiba) reported a net profit after Zakat and tax of SAR 171.86 million for the fiscal year of 2019, a 167% year-on-year increase, as compared to SAR 64.35 million a year earlier.

 

The company said in a bourse statement that the rise is mainly due to lower Zakat expenses and the acquisition of non-controlling stakes in Al Aqeeq Real Estate Development Co. and Arab Resort Areas Co.’s (ARAC).



Financials (M)

Item 2018 2019 Change‬
Revenues 406.28 387.53 (4.6 %)
Gross Income 257.39 241.85 (6.0 %)
Operating Income 202.87 178.27 (12.1 %)
Net Income 64.35 171.86 167.1 %
Average Shares 150.00 157.84 5.2 %
Earnings Per Share before unusual items 0.94 1.09 16.4 %
EPS (Riyals) 0.43 1.09 153.8 %

The company swung to a net profit of SAR 23.5 million in Q4 2019, against a net loss of SAR 69.5 million a year earlier.



Current Quarter Comparison (M)

Compared With The
Item Q4 2018 Q4 2019 Change‬
Revenues 61.87 47.18 (23.7 %)
Gross Income 45.83 41.04 (10.4 %)
Operating Income 30.78 25.03 (18.7 %)
Net Income (69.45) 23.48 133.8 %
Average Shares 150.00 157.84 5.2 %
Earnings Per Share before unusual items (0.01) 0.15 1561.3 %
EPS (Riyals) (0.46) 0.15 132.1 %

View other reports

Share Price

Taiba Investments Co.
48.45
(1.05) (2.12 %)

Taiba Investments Co. (TAIBA)

More


Financial Ratios
Current
Market Cap (M Riyal) 12,619.29
Enterprise Value (EV) (M) 13,944.71
Shares Outstanding ((M)) 260.46
EPS ( Riyal) (TTM) 1.33
Book Value (BV) ( Riyal) 26.29
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 36.33
P/E (TTM) 36.33
Price/book 1.84
Return on Average Assets (%) (TTM) 3.6
Return on Average Equity (%) (TTM) 4.2
more

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

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

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request