Jahez net profit slumps 50% to SAR 59 mln in 2022

Jahez net profit slumps 50% to SAR 59 mln in 2022

21/03/2023 Argaam Exclusive

View other reports

Jahez International Company for Information System Technology reported a net profit of SAR 59 million for 2022, down 50% from SAR 117.1 million a year earlier. 



Financials (M)

Item 2021 2022 Change‬
Revenues 1,159.57 1,602.48 38.2 %
Gross Income 245.53 359.18 46.3 %
Operating Income 119.29 140.85 18.1 %
Net Income 117.07 58.98 (49.6 %)
Average Shares 192.00 209.84 9.3 %
EPS (Halala) 60.97 28.11 (53.9 %)

The drop was driven by the logistics segment reporting a loss of SAR 123.8 million in 2022 compared to a loss of SAR 6.4 million in the previous year despite revenue rising 180.4%.

 

On the other hand, the profit of the delivery platforms segment increased by 56% to SAR 180.4 million in 2022 from SAR 115.9 million in 2021 on higher gross revenue and an increase in the average number of users.  

 



Total shareholders’ equity, excluding minority interest, reached SAR 1.00 billion as of Dec. 31, 2022, compared to SAR 187.27 million a year earlier.  

View more financial results

 


Financial results (Million)

Period Revenues Change Gross Income Change Net Income Change EPS(Halala)
Q1 2013 - - - - - - -
Q2 2013 - - - - - - -
Q3 2013 - - - - - - -
Q4 2013 - - - - - - -
Q1 2014 - - - - - - -
Q2 2014 - - - - - - -
Q3 2014 - - - - - - -
Q4 2014 - - - - - - -
Q1 2015 - - - - - - -
Q2 2015 - - - - - - -
Q3 2015 - - - - - - -
Q4 2015 - - - - - - -
Q1 2016 - - - - - - -
Q2 2016 - - - - - - -
Q3 2016 - - - - - - -
Q4 2016 - - - - - - -
Q1 2017 - - - - - - -
Q2 2017 - - - - - - -
Q3 2017 - - - - - - -
Q4 2017 - - - - - - -
Q1 2018 - - - - - - -
Q2 2018 - - - - - - -
Q3 2018 - - - - - - -
Q4 2018 - - - - - - -
Q1 2019 - - - - - - -
Q2 2019 - - - - - - -
Q3 2019 - - - - - - -
Q4 2019 - - - - - - -
Q1 2020 64.75 - 13.48 - 3.69 - 2.64
Q2 2020 93.93 - 26.19 - 17.74 - 12.67
Q3 2020 129.54 - 38.03 - 21.75 - 15.54
Q4 2020 171.09 - 30.83 - (1.17) - (0.84)
Q1 2021 243.29 275.7 % 59.43 340.9 % 26.34 613.4 % 18.81
Q2 2021 243.17 158.9 % 34.83 33.0 % 2.38 (86.6 %) 1.24
Q3 2021 361.24 178.9 % 98.05 157.8 % 61.33 182.0 % 31.94
Q4 2021 311.87 82.3 % 53.21 72.6 % 27.02 2403.2 % 14.07
Q1 2022 - - - - - - -
Q2 2022 - - - - - - -
Q3 2022 - - - - - - -
Q4 2022 - - - - - - -
2022 1,602.48 38.2 % 359.18 46.3 % 58.98 (49.6 %) 28.11

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 - - -
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -
Q1 2019 - - -
Q2 2019 - - -
Q3 2019 - - -
Q4 2019 - - -
Q1 2020 20.82 % 6.74 % 5.70 %
Q2 2020 25.00 % - 13.51 %
Q3 2020 26.96 % - 14.98 %
Q4 2020 23.63 % 9.66 % 9.15 %
Q1 2021 24.22 % 10.69 % 10.14 %
Q2 2021 20.72 % 7.12 % 6.26 %
Q3 2021 21.90 % 9.50 % 8.72 %
Q4 2021 21.17 % 10.81 % 10.10 %
Q1 2022 - - -
Q2 2022 - - -
Q3 2022 - - -
Q4 2022 - - -
2022 22.41 % 10.26 % 8.64 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Halala) Adjusted EPS (Halala) Book Value (BV)
Q1 2013 - - - -
Q2 2013 - - - -
Q3 2013 - - - -
Q4 2013 - - - -
Q1 2014 - - - -
Q2 2014 - - - -
Q3 2014 - - - -
Q4 2014 - - - -
Q1 2015 - - - -
Q2 2015 - - - -
Q3 2015 - - - -
Q4 2015 - - - -
Q1 2016 - - - -
Q2 2016 - - - -
Q3 2016 - - - -
Q4 2016 - - - -
Q1 2017 - - - -
Q2 2017 - - - -
Q3 2017 - - - -
Q4 2017 - - - -
Q1 2018 - - - -
Q2 2018 - - - -
Q3 2018 - - - -
Q4 2018 - - - -
Q1 2019 - - - -
Q2 2019 - - - -
Q3 2019 - - - -
Q4 2019 - - - -
Q1 2020 140.00 2.64 2.64 -
Q2 2020 140.00 15.31 15.31 -
Q3 2020 140.00 30.84 30.84 -
Q4 2020 140.00 30.01 30.01 0.31
Q1 2021 140.00 46.18 46.18 0.50
Q2 2021 192.00 25.68 25.68 -
Q3 2021 192.00 46.29 46.29 0.83
Q4 2021 192.00 60.97 60.97 0.98
Q1 2022 - - - -
Q2 2022 - - - -
Q3 2022 - - - -
Q4 2022 - - - -

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 - - -
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -
Q1 2019 - - -
Q2 2019 - - -
Q3 2019 - - -
Q4 2019 - - -
Q1 2020 - - -
Q2 2020 - - -
Q3 2020 - - -
Q4 2020 - - -
Q1 2021 - - -
Q2 2021 - - -
Q3 2021 - - -
Q4 2021 - - -
Q1 2022 - - -
Q2 2022 - - -
Q3 2022 - - -
Q4 2022 - - -

Business Segments (Million)

Compared With The
Period Delivery Platforms Segment Logistics Activity Other Activities Exclusions


Financial Ratios
Current
Market Cap (M Riyal) 5,613.22
Enterprise Value (EV) (M) 4,392.47
Shares Outstanding ((M)) 209.84
Book Value (BV) ( Riyal) 5.49
Par Value ( Halala) 50.00
Adjusted P/E (Last12) 44.79
Price/book 4.87
more

Share Price

Jahez International Company for Information Systems Technology
26.60
(0.45) (1.66 %)

Jahez International Company for Information Systems Technology (JAHEZ)

More

Comments {{getCommentCount()}}

Be the first to comment

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

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.