Alhasoob H1 2024 profit rises 10% to SAR 1.6M

Alhasoob H1 2024 profit rises 10% to SAR 1.6M

28/08/2024 Argaam Exclusive

View other reports

Alhasoob Co. reported a net profit of SAR 1.6 million in H1 2024, a rise of 10%, compared to SAR 1.4 million in the prior-year period.



Financials (M)

Item 6m 2023 6m 2024 Change‬
Revenues 105.89 123.17 16.3 %
Gross Income 6.58 8.47 28.8 %
Operating Income 2.06 2.25 9.3 %
Net Income 1.43 1.57 9.9 %
Average Shares 2.80 2.80 -
EPS (Riyals) 0.51 0.56 9.9 %

The profit growth was supported by higher revenues on the launch of the projects department in H1 2024.



Current Half Annual Comparison (M)

Compared With The
Item H1 2023 H1 2024 Change‬
Revenues 105.89 123.17 16.3 %
Gross Income 6.58 8.47 28.8 %
Operating Income 2.06 2.25 9.3 %
Net Income 1.43 1.57 9.9 %
Average Shares 2.80 2.80 -
EPS (Riyals) 0.51 0.56 9.9 %

Total shareholders’ equity, no minority interest, stood at SAR 38.76 million by the end of H1 2024, compared to SAR 36.98 million in the year-earlier period.

 

Historical Data

Period

Revenues

(SAR mln)

Net Profit

(SAR mln)

EPS

(SAR)

H1 2020

120.74

4.60

1.64

H2 2020

134.63

6.43

2.30

H1 2021

110.18

5.67

2.02

H2 2021

146.28

6.28

2.25

H1 2022

99.12

3.42

1.22

H2 2022

121.12

3.24

1.16

H1 2023

105.89

1.43

0.51

H2 2023

123.92

0.31

0.11

H1 2024

123.17

1.57

0.56

 

View more financial results

 


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
H1 2015 - - - - - -
H2 2015 - - - - - -
H1 2016 - - - - - -
H2 2016 - - - - - -
H1 2017 - - - - - -
H2 2017 - - - - - -
H1 2018 - - - - - -
H2 2018 - - - - - -
H1 2019 - - - - - -
H2 2019 - - - - - -
H1 2020 120.74 - 8.69 - 4.87 -
H2 2020 134.63 - 11.44 - 6.86 -
H1 2021 110.18 (8.7 %) 10.11 16.3 % 6.02 23.6 %
H2 2021 146.27 8.6 % 13.99 22.4 % 6.79 (0.9 %)
H1 2022 99.12 (10.0 %) 11.06 9.5 % 4.12 (31.5 %)
H2 2022 121.12 (17.2 %) 9.59 (31.5 %) 4.07 (40.1 %)
H1 2023 105.89 6.8 % 6.58 (40.5 %) 2.06 (50.1 %)
H2 2023 123.93 2.3 % 7.78 (18.8 %) 0.88 (78.5 %)
H1 2024 123.17 16.3 % 8.47 28.8 % 2.25 9.3 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
H1 2015 - - - - - -
H2 2015 - - - - - -
H1 2016 - - - - - -
H2 2016 - - - - - -
H1 2017 - - - - - -
H2 2017 - - - - - -
H1 2018 - - - - - -
H2 2018 - - - - - -
H1 2019 - - - - - -
H2 2019 - - - - - -
H1 2020 4.60 - 1.64 - 4.60 1.64
H2 2020 6.44 - 2.30 - 6.44 2.30
H1 2021 5.67 23.2 % 2.02 - 5.67 2.02
H2 2021 6.28 (2.4 %) 2.24 - 6.28 2.24
H1 2022 3.42 (39.7 %) 1.22 - 3.42 1.22
H2 2022 3.24 (48.5 %) 1.16 - 3.24 1.16
H1 2023 1.43 (58.2 %) 0.51 - 1.43 0.51
H2 2023 0.31 (90.3 %) 0.11 - 0.31 0.11
H1 2024 1.57 9.9 % 0.56 - 1.57 0.56

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
H1 2015 - - -
H2 2015 - - -
H1 2016 - - -
H2 2016 - - -
H1 2017 - - -
H2 2017 - - -
H1 2018 - - -
H2 2018 - - -
H1 2019 - - -
H2 2019 - - -
H1 2020 - - -
H2 2020 7.88 % 4.82 % 4.32 %
H1 2021 8.80 % 5.45 % 4.94 %
H2 2021 9.40 % 5.24 % 4.66 %
H1 2022 10.21 % 4.73 % 3.95 %
H2 2022 9.38 % 4.03 % 3.02 %
H1 2023 7.12 % 2.99 % 2.06 %
H2 2023 6.25 % 1.58 % 0.76 %
H1 2024 6.58 % 1.59 % 0.76 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
H1 2015 - - - -
H2 2015 - - - -
H1 2016 - - - -
H2 2016 - - - -
H1 2017 - - - -
H2 2017 - - - -
H1 2018 - - - -
H2 2018 - - - -
H1 2019 - - - -
H2 2019 - - - -
H1 2020 2.80 - - -
H2 2020 2.80 3.94 3.94 8.99
H1 2021 2.80 4.32 4.32 8.15
H2 2021 2.80 4.27 4.27 10.38
H1 2022 2.80 3.46 3.46 11.60
H2 2022 2.80 2.38 2.38 12.70
H1 2023 2.80 1.67 1.67 13.21
H2 2023 2.80 0.62 0.62 13.28
H1 2024 2.80 0.67 0.67 13.84

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
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 59.75 59.75 24.57
H1 2022 32.85 32.85 9.81
H2 2022 41.02 41.02 7.68
H1 2023 60.50 60.50 7.63
H2 2023 More than 100 More than 100 6.19
H1 2024 81.78 81.78 3.97


Financial Ratios
Current
Market Cap (M Riyal) 149.24
Enterprise Value (EV) (M) 134.42
Shares Outstanding ((M)) 2.80
Book Value (BV) ( Riyal) 13.28
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) More than 100
Price/book 4.01
more

Share Price

Alhasoob Co.
53.30
1.30 2.50 %

Alhasoob Co. (ALHASOOB)

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.