-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
Ladun records net profit of SAR 60.2 mln in 2022
22/03/2023
Argaam Exclusive
Ladun Investment Co. reported a decline of 26% in net profit to SAR 60.2 million in 2022, from SAR 80.8 million a year earlier.
Financials (M)
| Item | 2021 | 2022 | Change |
|---|---|---|---|
| Revenues | 769.82 | 881.18 | 14.5 % |
| Gross Income | 102.85 | 167.06 | 62.4 % |
| Operating Income | 35.88 | 77.43 | 115.8 % |
| Net Income | 80.80 | 60.19 | (25.5 %) |
| Average Shares | 500.00 | 500.00 | - |
| EPS (Riyals) | 0.16 | 0.12 | (25.5 %) |
The profit decline was attributed to recording a non-recurring profit from sale of a subsidiary during last year at a value of SAR 57.58 million.
Excluding the impact of non-recurring profit, the company’s net profit from recurring operations grew by SAR 36.97 million, or 159%.
The company also noted the start of new projects with good profit margins, improvement at on-going projects, efficiency in managing projects’ costs, starting commercial production from new factories.
Current Half Annual Comparison (M)
| Item | H2 2021 | H2 2022 | Change |
|---|---|---|---|
| Revenues | 367.42 | 367.29 | 0.0 % |
| Gross Income | 66.99 | 85.18 | 27.2 % |
| Operating Income | 25.40 | 34.27 | 34.9 % |
| Net Income | 7.31 | 30.18 | 312.6 % |
| Average Shares | 500.00 | 500.00 | - |
| EPS (Riyals) | 0.01 | 0.06 | 312.6 % |
Total shareholders’ equity, no minority interest, fell to SAR 551.99 million as of Dec. 31, 2022, from SAR 516.69 million a year earlier.
View other reports
Share Price
Ladun Investment Co. (LADUN)
| Current | |
| Market Cap (M Riyal) | 1,770.00 |
| Enterprise Value (EV) (M) | 2,687.32 |
| Shares Outstanding ((M)) | 500.00 |
| Book Value (BV) ( Riyal) | 1.19 |
| Par Value ( Riyal) | 1.00 |
| Adjusted P/E (Last12) | 14.62 |
| Price/book | 2.97 |
Financial results (Million)
| Period | Revenues | Change | Gross Income | Change | Operating Income | Change |
|---|---|---|---|---|---|---|
| H1 2022 | 513.89 | 27.7 % | 81.88 | 128.3 % | 43.16 | 311.8 % |
| H2 2022 | 367.29 | 0.0 % | 85.18 | 27.2 % | 34.27 | 34.9 % |
| 2022 | 881.18 | 14.5 % | 167.06 | 62.4 % | 77.43 | 115.8 % |
Profit Performance (Million)
| Period | Net Income | Change | EPS(Riyal) | Extraordinary Income/Expense | Net Profit Before Unusual Items | EPS Before XO Items |
|---|---|---|---|---|---|---|
| H1 2022 | 30.01 | (59.2 %) | 0.06 | - | 30.01 | 0.06 |
| H2 2022 | 30.18 | 312.6 % | 0.06 | 5.51 | 24.67 | 0.05 |
| 2022 | 60.19 | (25.5 %) | 0.12 | 5.51 | 54.68 | 0.11 |
Profitability
| Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
|---|---|---|---|
| H1 2022 | 16.89 % | 11.37 % | 4.24 % |
| H2 2022 | 18.96 % | 13.13 % | 6.21 % |
| 2022 | 18.96 % | 13.13 % | 6.21 % |
Compared With The
Per Share Data (Riyal)
| Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | Book Value (BV) |
|---|---|---|---|---|
| H1 2022 | 500.00 | 0.07 | 0.07 | 1.09 |
| H2 2022 | 500.00 | 0.12 | 0.11 | 1.10 |
Multiple Ratios (End of Period Price)
| Period | P/E | Adjusted P/E | Price/book |
|---|---|---|---|
| H1 2022 | 20.15 | 20.15 | 1.38 |
| H2 2022 | 13.21 | 14.54 | 1.44 |
Business Segments (Million)
Q4 2022
| Period | Real estate investment | Construction sector | Industrial development | services segment | Restaurants |
|---|---|---|---|---|---|
| Q2 2022 | 307.32 | 156.57 | 48.46 | 1.55 | - |
| Q4 2022 | 247.55 | 79.54 | 38.02 | 2.18 | - |
Follow us on
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}