Maharah Human Resources posts 7% profit rise in FY2018
Maharah Human Resources Co.'s net profit rose 7 percent year-on-year (YoY) to SAR 222.3 million for fiscal year 2018.
The higher profit was attributed to a 15 percent rise in revenue. Gross profit and operating income also jumped 11 percent and 5 percent, respectively despite a decline in other income and zakat charges.
The annual results implied reversal of accrued salaries worth SAR 8.3 million.
Financials (M)
Item | 2017 | 2018 | Change |
---|---|---|---|
Revenues | 1,167.95 | 1,351.92 | 15.8 % |
Gross Income | 303.18 | 298.38 | (1.6 %) |
Operating Income | 199.90 | 228.12 | 14.1 % |
Net Income | 208.08 | 222.25 | 6.8 % |
Average Shares | 475.00 | 475.00 | - |
Earnings Per Share before unusual items | 0.43 | 0.47 | 8.2 % |
EPS (Riyals) | 0.44 | 0.47 | 6.8 % |
Q4 2018 net profit dropped 25 percent YoY to SAR 47.3 million.
Current Quarter Comparison (M)
Item | Q4 2017 | Q4 2018 | Change |
---|---|---|---|
Revenues | 300.87 | 343.12 | 14.0 % |
Gross Income | 85.38 | 76.13 | (10.8 %) |
Operating Income | 46.36 | 54.02 | 16.5 % |
Net Income | 63.26 | 47.30 | (25.2 %) |
Average Shares | 475.00 | 475.00 | - |
Earnings Per Share before unusual items | 0.13 | 0.10 | (22.1 %) |
EPS (Riyals) | 0.13 | 0.10 | (25.2 %) |
View other reports
Share Price
Maharah Human Resources Co. (MAHARAH)
Current | |
Market Cap (M Riyal) | 2,750.25 |
Enterprise Value (EV) (M) | 3,263.20 |
Shares Outstanding ((M)) | 475.00 |
EPS ( Riyal) (TTM) | 0.27 |
Book Value (BV) ( Riyal) | 1.32 |
Par Value ( Riyal) | 1.00 |
Adjusted P/E (Last12) | 21.57 |
P/E (TTM) | 21.57 |
Price/book | 4.40 |
Return on Average Assets (%) (TTM) | 7.1 |
Return on Average Equity (%) (TTM) | 10.7 |
Financial results (Million)
Period | Revenues | Change | Gross Income | Change | Operating Income | Change |
---|---|---|---|---|---|---|
Q1 2018 | 327.38 | - | 62.73 | - | 42.98 | - |
Q2 2018 | 337.52 | - | 77.03 | - | 61.53 | - |
Q3 2018 | 343.90 | - | 82.49 | - | 69.59 | - |
Q4 2018 | 343.12 | 14.0 % | 76.13 | (10.8 %) | 54.02 | 16.5 % |
2018 | 1,351.92 | 15.8 % | 298.38 | (1.6 %) | 228.12 | 14.1 % |
Profit Performance (Million)
Period | Net Income | Change | EPS(Riyal) | Extraordinary Income/Expense | Net Profit Before Unusual Items | Earnings Per Share before unusual items |
---|---|---|---|---|---|---|
Q1 2018 | 48.02 | - | 0.10 | - | 48.02 | 0.10 |
Q2 2018 | 57.59 | - | 0.12 | - | 57.59 | 0.12 |
Q3 2018 | 69.35 | - | 0.15 | - | 69.35 | 0.15 |
Q4 2018 | 47.30 | (25.2 %) | 0.10 | - | 47.30 | 0.10 |
2018 | 222.25 | 6.8 % | 0.47 | - | 222.25 | 0.47 |
Profitability
Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
---|---|---|---|
Q1 2018 | - | - | - |
Q2 2018 | - | - | - |
Q3 2018 | 23.49 % | 17.47 % | 17.99 % |
Q4 2018 | 22.07 % | 17.76 % | 16.44 % |
2018 | 22.07 % | 17.76 % | 16.44 % |
Compared With The
Per Share Data (Riyal)
Period | Shares Outstanding (M) | EPS (Riyal) | Earnings Per Share before unusual items (Riyal) | Book Value (BV) |
---|---|---|---|---|
Q1 2018 | 475.00 | - | - | - |
Q2 2018 | 475.00 | - | - | - |
Q3 2018 | 475.00 | 0.50 | 0.50 | 0.93 |
Q4 2018 | 475.00 | 0.47 | 0.47 | 0.91 |
Multiple Ratios (End of Period Price)
Period | P/E | Adjusted P/E | Price/book |
---|---|---|---|
Q1 2018 | - | - | - |
Q2 2018 | - | - | - |
Q3 2018 | - | - | - |
Q4 2018 | - | - | - |
Business Segments (Million)
Q4 2018
Period | Corporate | Individuals |
---|---|---|
Q1 2018 | 230.97 | 96.41 |
Q2 2018 | 240.47 | 97.05 |
Q3 2018 | 245.31 | 98.60 |
Q4 2018 | 243.87 | 99.26 |
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}

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.
Call Request
Comments Analysis: