Amwaj International’s H1 net profit down 32% to SAR 10.2 mln

Amwaj International’s H1 net profit down 32% to SAR 10.2 mln

03/09/2023 Argaam Exclusive

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Amwaj International Co. reported a net profit of SAR 10.2 million for the year to June 30, 2023, a decline of 32% from SAR 15 million a year ago.



Financials (M)

Item 6m 2022 6m 2023 Change‬
Revenues 166.22 154.89 (6.8 %)
Gross Income 29.70 27.56 (7.2 %)
Operating Income 17.91 14.04 (21.6 %)
Net Income 15.03 10.15 (32.4 %)
Average Shares 6.00 6.00 -
EPS (Riyals) 2.50 1.69 (32.4 %)

Revenue declined 6.8% year-on-year (YoY) on lower sales of the heating, ventilation, air conditioning and home appliances solutions sector. The company also cited seasonal factors, high cost of financing, and increased marketing expenses.



Total shareholders’ equity, no minority interest, reached SAR 132.65 million by June 30, 2023, compared to SAR 108.14 million in the prior year.

 

Quarterly Results

Period

Revenue (SAR mln)

Net Profit (SAR mln)

EPS (SAR)

H1 2021

165.43

21.08

3.51

H2 2021

105.12

7.18

1.20

H1 2022

166.22

15.03

2.50

H2 2022

157.70

14.00

2.34

H1 2023

154.89

10.15

1.69



Financial results (Million)

Period Revenues Change Gross Income Change Net Income Change EPS(Riyal)
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 59.98 - 11.27 - 6.32 - 1.05
Q4 2020 63.35 - 12.38 - 1.73 - 0.29
Q1 2021 - - - - - - -
Q2 2021 - - - - - - -
Q3 2021 78.32 30.6 % 15.71 39.4 % 7.89 24.8 % 1.31
Q4 2021 26.81 (57.7 %) 5.98 (51.7 %) (0.71) (140.8 %) (0.12)
Q1 2022 - - - - - - -
Q2 2022 - - - - - - -
Q3 2022 - - - - - - -
Q4 2022 - - - - - - -
Q1 2023 - - - - - - -
Q2 2023 - - - - - - -

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
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 18.78 % - 10.53 %
Q4 2020 19.17 % 11.12 % 6.53 %
Q1 2021 - - -
Q2 2021 - - -
Q3 2021 19.52 % 13.33 % 7.90 %
Q4 2021 19.84 % 10.99 % 6.67 %
Q1 2022 - - -
Q2 2022 - - -
Q3 2022 - - -
Q4 2022 - - -
Q1 2023 - - -
Q2 2023 - - -


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
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 6.00 1.05 1.05 13.79
Q4 2020 6.00 1.34 1.34 14.17
Q1 2021 - - - -
Q2 2021 - - - -
Q3 2021 6.00 2.66 2.66 15.66
Q4 2021 6.00 2.54 2.54 15.52
Q1 2022 - - - -
Q2 2022 - - - -
Q3 2022 - - - -
Q4 2022 - - - -
Q1 2023 - - - -
Q2 2023 - - - -

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
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 - - -
Q1 2023 - - -
Q2 2023 - - -

Current
Market Cap (M Riyal) 252.00
Enterprise Value (EV) (M) 431.81
Shares Outstanding ((M)) 6.00
Book Value (BV) ( Riyal) 21.62
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 15.79
Price/book 1.94

Share Price

42.00
0.00 0.00 %

Amwaj International Co. (AMWAJ INTERNATIONAL)


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