FADECO swings to SAR 2.1 mln profit in H1 2023

FADECO swings to SAR 2.1 mln profit in H1 2023

15/08/2023 Argaam Exclusive

View other reports

Arabian Food and Dairy Factories Co. (FADECO) reported a net profit of SAR 2.1 million in the first half of 2023, against a net loss of SAR 199 million in the prior-year period.



Financials (M)

Item 6m 2022 6m 2023 Change‬
Revenues 27.13 30.02 10.7 %
Gross Income 10.48 13.51 28.9 %
Operating Income 0.09 2.14 2200.0 %
Net Income (0.20) 2.09 1148.2 %
Average Shares 1.41 1.41 -
EPS (Riyals) (0.14) 1.48 1148.2 %


The positive performance was driven by lower raw material prices, along with higher product prices and other income.

 

Shareholders’ equity, no minority interest, stood at SAR 29.40 million as of June 30, 2023, down from SAR 25.99 million a year earlier.

 

                                                                           Historical Data

Period

Revenue

(SAR mln)

Net Profit

(SAR mln)

EPS

(SAR)

H1 2020

24.42

3.57

2.66

H2 2020

29.03

5.63

3.99

H1 2021

24.80

3.48

2.47

H2 2021

27.44

2.54

1.8

H1 2022

27.13

(0.20)

(0.14)

H2 2022

30.91

3.97

2.82

H1 2023

30.02

2.09

1.48

View More Financial Results

 

 


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 20.25 - 8.91 - 4.28 - 3.03
Q4 2020 8.78 - 4.93 - 1.36 - 0.96
Q1 2021 - - - - - - -
Q2 2021 - - - - - - -
Q3 2021 18.97 (6.3 %) 8.07 (9.5 %) 3.28 (23.3 %) 2.33
Q4 2021 8.47 (3.4 %) 2.36 (52.2 %) (0.75) (154.9 %) (0.53)
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 44.01 % - 21.14 %
Q4 2020 47.69 % - 19.43 %
Q1 2021 - - -
Q2 2021 - - -
Q3 2021 45.65 % - 18.59 %
Q4 2021 42.97 % - 14.48 %
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 1.41 3.03 3.03 -
Q4 2020 1.41 4.00 4.00 19.54
Q1 2021 - - - -
Q2 2021 - - - -
Q3 2021 1.41 6.33 6.33 21.14
Q4 2021 1.41 5.80 5.80 19.93
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 - - -

Business Segments (Million)

Compared With The
Period Retail outlet customer Corporate customers


Financial Ratios
Current
Market Cap (M Riyal) 119.85
Enterprise Value (EV) (M) 111.34
Shares Outstanding ((M)) 1.41
Book Value (BV) ( Riyal) 22.50
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 19.98
Price/book 3.78
more

Share Price

Arabian Food and Dairy Factories Co.
85.00
1.20 1.43 %

Arabian Food and Dairy Factories Co. (FADECO)

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.