National Fertilizer posts 10% profit rise in H1 2021 to SAR 12.2 mln

National Fertilizer posts 10% profit rise in H1 2021 to SAR 12.2 mln

31/08/2021 Argaam Exclusive

View other reports

National Fertilizer Co. (MOBI) posted a net profit after Zakat and tax of SAR 12.2 million in H1 2021, a rise of 10% compared with SAR 11.1 million a year earlier.

 

The company attributed the profit growth to a 5% increase in sales and a decrease in losses of bad debts of SAR 1.57 million, as well as lower financing expenses of SAR 347,862.



Financials (M)

Item 6m 2020 6m 2021 Change‬
Revenues 96.03 86.90 (9.5 %)
Gross Income 31.35 27.44 (12.5 %)
Operating Income 11.35 12.35 8.9 %
Net Income 11.05 12.21 10.4 %
Average Shares 50.00 50.00 -
EPS (Riyals) 0.22 0.24 10.4 %

Shareholders' equity, excluding minority rights, amounted to SAR 66.29 million in H1 2021, compared to SAR 68.75 million in the same period last year.



Current Half Annual Comparison (M)

Compared With The
Item H1 2020 H1 2021 Change‬
Revenues 96.03 86.90 (9.5 %)
Gross Income 31.35 27.44 (12.5 %)
Operating Income 11.35 12.35 8.9 %
Net Income 11.05 12.21 10.4 %
Average Shares 50.00 50.00 -
EPS (Riyals) 0.22 0.24 10.4 %


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
H1 2012 - - - - - -
H2 2012 - - - - - -
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 78.28 - 25.29 - 10.15 -
H2 2019 76.73 - 22.34 - 7.57 -
H1 2020 96.03 22.7 % 31.35 23.9 % 11.35 11.8 %
H2 2020 84.40 10.0 % 25.73 15.2 % 6.49 (14.2 %)
H1 2021 86.90 (9.5 %) 27.44 (12.5 %) 12.35 8.9 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
H1 2012 - - - - - -
H2 2012 - - - - - -
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 8.56 - 0.17 - 8.56 0.17
H2 2019 1.76 - 0.04 (4.83) 6.59 0.13
H1 2020 11.05 29.1 % 0.22 - 11.05 0.22
H2 2020 6.33 259.3 % 0.13 - 6.33 0.13
H1 2021 12.21 10.4 % 0.24 - 12.21 0.24

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
H1 2012 - - -
H2 2012 - - -
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 30.73 % - 9.77 %
H1 2020 31.08 % 12.61 % 10.21 %
H2 2020 31.63 % 12.83 % 9.63 %
H1 2021 31.03 % 12.52 % 10.82 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
H1 2012 - - - -
H2 2012 - - - -
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 50.00 - - -
H2 2019 50.00 0.21 0.30 1.29
H1 2020 50.00 0.26 0.35 1.37
H2 2020 50.00 0.35 0.35 1.18
H1 2021 50.00 0.37 0.37 1.33

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
H1 2012 - - -
H2 2012 - - -
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 - - -

Business Segments (Million)

Compared With The
Period Detergents Fertilizer Agricultural Activity Food sector Plastic Eliminations
Q2 2020 71.38 11.85 8.75 4.04 - -
Q4 2020 67.09 8.02 5.29 6.29 - (2.30)
Q2 2021 76.28 10.62 - - - -

Current
Market Cap (M Riyal) 814.00
Enterprise Value (EV) (M) 811.65
Shares Outstanding ((M)) 50.00
Book Value (BV) ( Riyal) 1.31
Par Value ( Riyal) 1.00
Adjusted P/E (Last12) 26.82
Price/book 12.43

Share Price

16.28
0.18 1.12 %

MOBI Industry Co. (MOBI INDUSTRY)


Comments {{getCommentCount()}}

Be the first to comment

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