AICTEC posts 28% rise in H1 2022 net profit to SAR 5.4 mln

22/08/2022 Argaam Exclusive
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Advance International Company for Communication and Information Technology (AICTEC) reported a rise of 28% in H1 2022 net profit after Zakat and tax to SAR 5.4 million, compared to SAR 4.3 million a year earlier.

The profit growth was driven by higher sales in the six-month period.



Current Half Annual Comparison (M)

Compared With The
Item H1 2021 H1 2022 Change‬
Revenues 12.77 21.05 64.8 %
Gross Income 10.35 10.81 4.4 %
Operating Income 4.59 4.69 2.3 %
Net Income 4.27 5.45 27.6 %
Average Shares 64.00 64.00 -
Earnings Per Share before unusual items 0.07 0.09 27.6 %
EPS (Halala) 6.67 8.51 27.6 %

Total shareholders’ equity, after minority interest, increased to SAR 32.153 million as of June 30, 2022, from SAR 25.511 million a year earlier.

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Advance International Company for Communication and Information Technology (AICTEC)

Created with Highstock 6.0.710:1010:2010:2510:3010:4010:4510:5511:1011:2012:4013:1013:1513:2013:4514:202.932.952.983.003.033.053.083.103.133.153.183.203.23
Close : 3.07 | Apr 10, 14:21

Current
Market Cap (M Riyal) 202.88
Enterprise Value (EV) (M) 207.74
Shares Outstanding ((M)) 64.00
Book Value (BV) ( Riyal) 0.61
Par Value ( Halala) 50.00
Adjusted P/E (Last12) More than 100
Price/book 5.24


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 11.05 - 6.24 - 2.25 -
H2 2020 21.78 - 12.14 - 7.47 -
H1 2021 12.77 15.6 % 10.35 65.9 % 4.59 103.6 %
H2 2021 17.34 (20.4 %) 8.54 (29.6 %) 1.86 (75.1 %)
2021 30.11 (8.3 %) 18.90 2.8 % 6.45 (33.7 %)
H1 2022 21.05 64.8 % 10.81 4.4 % 4.69 2.3 %



Profit Performance (Million)

Period Net Income Change EPS(Halala) Extraordinary Income/Expense Net Profit Before Unusual Items Earnings Per Share 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 1.55 - 2.42 - 1.55 0.02
H2 2020 7.43 - 11.61 - 7.43 0.12
H1 2021 4.27 175.9 % 6.67 - 4.27 0.07
H2 2021 0.98 (86.8 %) 1.53 - 0.98 0.02
2021 5.25 (41.6 %) 8.20 - 5.25 0.08
H1 2022 5.45 27.6 % 8.51 - 5.45 0.09

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 55.98 % 33.03 % 27.34 %
H1 2021 65.09 % 38.23 % 33.85 %
H2 2021 62.76 % 25.30 % 17.43 %
H1 2022 50.41 % 20.08 % 16.74 %



Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Halala) Earnings Per Share before unusual items (Halala) 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 64.00 - - 0.22
H2 2020 64.00 14.03 14.03 0.33
H1 2021 64.00 18.28 18.28 0.40
H2 2021 64.00 8.20 8.20 0.42
H1 2022 64.00 10.04 10.04 0.50

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 39.02 39.02 7.80

Business Segments (Million)

Compared With The
Period Projects Wholesale technical support Other
Q2 2022 16.47 4.57 - -

Comments 3

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ابو ريم 11

منذ 1 سنه

حرفيا لقالك نتائج من خلف التريلات الى متى استخفاع عقولنا ؟؟

المصيبه تبريراتهم اقبح من نتائجهم مافي جديد العب ياله .....!

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اول خطوة

منذ 1 سنه

الايرادات مرتفعة ماشاء الله ممتاز 

توسع الشركة في اعمالها والدخول في قطاعات اخرى ونتج عن ذلك الحصول على مشاريع جديدة ممتاز

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ايش تنفعني الايرادات ارتفعت...

اهم شي الربحية مجدية

انخفاض الارباح  81% قويه

يعني الاعلان مثل القادم ملان خسارة 

ولنا عبره في ملان

 

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