Keir International posts 17% profit rise to SAR 19.8 mln in 2022

Keir International posts 17% profit rise to SAR 19.8 mln in 2022

30/03/2023 Argaam Exclusive

View other reports

Keir International Co. reported a 17% jump in 2022 net profit to SAR 19.8 million, compared to SAR 16.9 million in the year-earlier period.



Financials (M)

Item 2021 2022 Change‬
Revenues 169.37 171.41 1.2 %
Gross Income 34.22 44.52 30.1 %
Operating Income 23.04 27.84 20.8 %
Net Income 16.94 19.84 17.1 %
Average Shares 120.00 120.00 -
EPS (Riyals) 0.14 0.17 17.1 %

The year-on-year (YoY) profit growth was spurred by higher operational efficiency and a rise in revenues.



Current Half Annual Comparison (M)

Compared With The
Item H2 2021 H2 2022 Change‬
Revenues 112.73 107.82 (4.4 %)
Gross Income 24.09 27.74 15.1 %
Operating Income 17.72 19.31 9.0 %
Net Income 12.88 13.20 2.5 %
Average Shares 120.00 120.00 -
EPS (Riyals) 0.11 0.11 2.5 %

Shareholders’ equity, no minority interest, reached SAR 241.83 million, compared to SAR 234.46 million a year earlier.



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 - - - - - -
H2 2020 - - - - - -
H1 2021 56.65 - 10.13 - 5.32 -
H2 2021 112.73 - 24.09 - 17.72 -
H1 2022 63.59 12.3 % 16.78 65.7 % 8.52 60.1 %
H2 2022 107.82 (4.4 %) 27.74 15.1 % 19.31 9.0 %
2022 171.41 1.2 % 44.52 30.1 % 27.84 20.8 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO 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 - - - - - -
H1 2021 4.06 - 0.04 - 4.06 0.04
H2 2021 12.88 - 0.11 - 12.88 0.11
H1 2022 6.64 63.3 % 0.06 - 6.64 0.06
H2 2022 13.20 2.5 % 0.11 - 13.20 0.11
2022 19.84 17.1 % 0.17 - 19.84 0.17

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 - - -
H1 2021 - - -
H2 2021 20.20 % 15.12 % 10.00 %
H1 2022 23.18 % 16.35 % 11.07 %
H2 2022 25.97 % 17.79 % 11.57 %
2022 25.97 % 17.79 % 11.57 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) 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 - - - -
H2 2020 - - - -
H1 2021 100.00 - - 1.55
H2 2021 120.00 0.14 0.14 1.95
H1 2022 120.00 0.16 0.16 1.94
H2 2022 120.00 0.17 0.17 2.02

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 - - -
H2 2022 73.79 73.79 6.05

Business Segments (Million)

Compared With The
Period Telecommunication Power
Q2 2022 49.51 14.08
Q4 2022 89.98 17.84

Current
Market Cap (M Riyal) 697.20
Enterprise Value (EV) (M) 784.08
Shares Outstanding ((M)) 120.00
Book Value (BV) ( Riyal) 2.02
Par Value ( Riyal) 1.00
Adjusted P/E (Last12) More than 100
Price/book 2.88

Share Price

5.81
(0.15) (2.52 %)

KEIR International Co. (KEIR)


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.