Saudi Chemical’s profit rises 14% to SAR 80 mln in 2022; Q4 at SAR 23.2 mln

19/03/2023 Argaam Exclusive
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Saudi Chemical Holding Co. reported a net profit of SAR 80 million in 2022, up 14%, compared to SAR 69.6 million a year earlier.



Financials (M)

Item 2021 2022 Change‬
Revenues 3,410.98 - -
Gross Income 431.90 - -
Operating Income 141.60 - -
Net Income 69.57 - -
Average Shares 843.20 - -
Earnings Per Share before unusual items 0.08 - -
EPS (Riyals) 0.08 - -

The profit increase was driven by higher sales of pharmaceutical and explosive segments. In addition, the company reported an improvement in gross profit and revaluation gains on derivative financial instruments related to interest rate exposure. 

 

The company swung to a net profit of SAR 23.2 million in Q4 2022 against a net loss of SAR 5.8 million in Q4 2021. 



Current Quarter Comparison (M)

Compared With The
Item Q4 2021 Q4 2022 Change‬
Revenues 756.36 - -
Gross Income 83.27 - -
Operating Income 1.99 - -
Net Income (6.28) - -
Average Shares 843.20 - -
Earnings Per Share before unusual items (0.01) - -
EPS (Riyals) (0.01) - -

Saudi Chemical’s Q4 2022 profit jumped over 124% from SAR 10.3 million in Q3 2022.

 

Total shareholders’ equity (after deducting minority equity) stood at SAR 1.66 billion as of Dec. 31, 2022, compared to SAR 1.61 billion a year earlier.

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Share Price

Saudi Chemical Co.
8.65
(0.06) (0.69 %)

Saudi Chemical Co. (CHEMICAL)

1 Day (0.69 %) 5 Days (1.14 %) 3 Months (8.47 %) 6 Months (27.07 %) Year 25.73 % 2 Years 199.83 % 5 Years 328.64 % All 340.54 %
Created with Highstock 6.0.710:1510:3010:4511:0011:1511:3011:4512:0012:1512:3012:4513:0013:1513:3013:4514:0014:1514:3014:4515:15101.5101.75102102.25102.5102.75103103.25103.5103.75104104.25
Close : 102.00 | Mar 27, 15:20
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Financial Ratios
Current
Market Cap (M Riyal) 7,293.68
Enterprise Value (EV) (M) 8,715.41
Shares Outstanding ((M)) 843.20
EPS ( Riyal) (TTM) 0.35
Book Value (BV) ( Riyal) 2.48
Par Value ( Riyal) 1.00
Adjusted P/E (Last12) 25.04
P/E (TTM) 25.04
Price/book 3.49
Return on Average Assets (%) (TTM) 5.2
Return on Average Equity (%) (TTM) 8.3
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