GACO turns to profit of SAR 561,000 in Q1 2023

23/05/2023 Argaam Exclusive

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Al Gassim Investment Holding Co. (GACO) reported a net profit of SAR 561,000 for the first quarter of 2023, against a net loss of SAR 469,000 in the same period last year.

Current Quarter Comparison (M)

Compared With The

Item	Q1 2022	Q1 2023	Change‬
Revenues	2.66	2.60	(2.3 %)
Gross Income	2.22	2.24	0.7 %
Operating Income	(0.72)	(0.08)	89.2 %
Net Income	(0.52)	0.51	198.1 %
Average Shares	30.00	30.00	-
EPS (Riyals)	(0.02)	0.02	198.1 %

Item	Q4 2022	Q1 2023	Change‬
Revenues	2.66	2.60	(2.3 %)
Gross Income	2.24	2.24	0.0 %
Operating Income	15.38	(0.08)	(100.5 %)
Net Income	7.94	0.51	(93.6 %)
Average Shares	30.00	30.00	-
EPS (Riyals)	0.26	0.02	(93.6 %)

The improved results were due to a decline in the expected credit losses, lower general and administrative (G&A) expenses, and higher other revenues. The company also cited profits from the sale of property, machinery, and equipment during the current quarter.

This was despite recording an increase in Zakat provision and the absence of dividend distributions in the current quarter compared to the same quarter of the previous year.

Meanwhile, the company's Q1 2023 dropped 93% from SAR 7.99 million in the previous quarter.

This was due to the reversal of impairment loss in the value of real estate investments in the previous quarter. However, the company cited a decrease in G&A expenses and Zakat provision compared to the previous quarter.

Total shareholders’ equity, no minority interest, reached SAR 297.88 million as of March 31, 2023, compared to SAR 289.38 million a year earlier.

Accumulated losses amounted to SAR 3.64 million at the end of Q1 2023, representing 1.21% of capital.

View More Financial Results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2014	8.94	(54.4 %)	(3.26)	(262.6 %)	(7.22)	(85.8 %)
Q2 2014	20.06	(1.1 %)	3.00	(7.4 %)	0.28	28.4 %
Q3 2014	14.94	(21.2 %)	0.11	115.9 %	(2.16)	38.2 %
Q4 2014	9.29	(16.5 %)	(1.19)	60.5 %	(3.00)	56.3 %
2014	53.22	(24.0 %)	(1.39)	0.2 %	(15.16)	(8.1 %)
Q1 2015	8.14	(8.9 %)	(0.78)	76.1 %	(2.80)	61.2 %
Q2 2015	14.13	(29.6 %)	2.23	(25.8 %)	(0.14)	(149.6 %)
Q3 2015	12.83	(14.1 %)	(1.76)	(1660.2 %)	(4.18)	(93.7 %)
Q4 2015	11.44	23.2 %	(0.97)	18.8 %	(4.45)	(48.2 %)
2015	46.54	(12.5 %)	(1.28)	7.4 %	(11.56)	23.7 %
Q1 2016	8.08	(0.7 %)	0.57	173.2 %	(1.95)	30.2 %
Q2 2016	5.57	(60.6 %)	3.32	49.0 %	1.33	1069.3 %
Q3 2016	4.14	(67.7 %)	2.94	266.6 %	1.27	130.4 %
Q4 2016	4.34	(62.0 %)	2.85	394.2 %	(0.24)	94.6 %
2016	22.14	(52.4 %)	9.67	853.3 %	0.40	103.5 %
Q1 2017	4.83	(40.2 %)	2.46	332.1 %	0.82	142.1 %
Q2 2017	4.37	(21.6 %)	2.48	(25.2 %)	0.58	(56.5 %)
Q3 2017	4.65	12.2 %	2.56	(12.8 %)	1.17	(7.7 %)
Q4 2017	4.02	(7.6 %)	2.46	(13.8 %)	0.93	485.5 %
2017	17.86	(19.3 %)	9.96	3.0 %	3.50	770.9 %
Q1 2018	2.97	(38.5 %)	2.53	2.7 %	1.31	59.4 %
Q2 2018	2.97	(32.0 %)	2.55	2.9 %	1.46	152.9 %
Q3 2018	3.24	(30.3 %)	2.80	9.5 %	1.87	59.6 %
Q4 2018	2.97	(26.0 %)	2.54	3.5 %	(10.79)	(1261.2 %)
2018	12.16	(31.9 %)	10.42	4.6 %	(6.15)	(275.5 %)
Q1 2019	2.92	(1.6 %)	2.53	0.0 %	9.47	622.9 %
Q2 2019	2.92	(1.6 %)	2.46	(3.8 %)	1.50	2.3 %
Q3 2019	3.22	(0.4 %)	2.77	(1.2 %)	1.39	(25.5 %)
Q4 2019	2.92	(1.6 %)	2.54	(0.1 %)	(42.04)	(289.7 %)
2019	12.00	(1.3 %)	10.29	(1.3 %)	(29.68)	(383.0 %)
Q1 2020	2.87	(1.7 %)	2.48	(1.8 %)	0.87	(90.8 %)
Q2 2020	2.87	(1.7 %)	2.46	0.1 %	1.40	(6.7 %)
Q3 2020	2.96	(8.3 %)	2.56	(7.6 %)	1.57	12.6 %
Q4 2020	2.96	1.1 %	2.41	(5.1 %)	(7.70)	81.7 %
2020	11.66	(2.8 %)	9.91	(3.7 %)	(3.86)	87.0 %
Q1 2021	2.82	(2.0 %)	2.36	(4.8 %)	(0.25)	(128.9 %)
Q2 2021	2.82	(1.9 %)	2.38	(3.2 %)	(0.19)	(113.6 %)
Q3 2021	2.92	(1.3 %)	2.48	(3.1 %)	0.38	(75.8 %)
Q4 2021	2.82	(4.6 %)	2.36	(2.1 %)	7.72	200.2 %
2021	11.37	(2.4 %)	9.58	(3.3 %)	7.65	298.1 %
Q1 2022	2.66	(5.4 %)	2.22	(5.9 %)	(0.72)	(186.9 %)
Q2 2022	2.66	(5.5 %)	2.24	(6.0 %)	(0.14)	24.7 %
Q3 2022	2.87	(1.6 %)	2.45	(1.3 %)	0.24	(37.1 %)
Q4 2022	2.66	(5.5 %)	2.24	(5.1 %)	15.38	99.3 %
2022	10.86	(4.5 %)	9.14	(4.6 %)	14.75	92.8 %
Q1 2023	2.60	(2.3 %)	2.24	0.7 %	(0.08)	89.2 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2013	69.99	(2.4 %)	(1.39)	79.6 %	(14.02)	49.7 %
2014	53.22	(24.0 %)	(1.39)	0.2 %	(15.16)	(8.1 %)
2015	46.54	(12.5 %)	(1.28)	7.4 %	(11.56)	23.7 %
2016	22.14	(52.4 %)	9.67	853.3 %	0.40	103.5 %
2017	17.86	(19.3 %)	9.96	3.0 %	3.50	770.9 %
2018	12.16	(31.9 %)	10.42	4.6 %	(6.15)	(275.5 %)
2019	12.00	(1.3 %)	10.29	(1.3 %)	(29.68)	(383.0 %)
2020	11.66	(2.8 %)	9.91	(3.7 %)	(3.86)	87.0 %
2021	11.37	(2.4 %)	9.58	(3.3 %)	7.65	298.1 %
2022	10.86	(4.5 %)	9.14	(4.6 %)	14.75	92.8 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2014	(7.34)	(131.4 %)	(0.24)	-	(7.34)	(0.24)
Q2 2014	2.14	4446.8 %	0.07	-	2.14	0.07
Q3 2014	(1.68)	42.3 %	(0.06)	-	(1.68)	(0.06)
Q4 2014	(5.04)	19.4 %	(0.17)	-	(5.04)	(0.17)
2014	(15.04)	(22.5 %)	(0.50)	-	(15.04)	(0.50)
Q1 2015	(2.98)	59.5 %	(0.10)	-	(2.98)	(0.10)
Q2 2015	0.47	(78.2 %)	0.02	-	0.47	0.02
Q3 2015	(4.18)	(149.6 %)	(0.14)	-	(4.18)	(0.14)
Q4 2015	7.71	253.0 %	0.26	13.80	(6.09)	(0.20)
2015	1.02	106.7 %	0.03	13.80	(12.79)	(0.43)
Q1 2016	95.31	3301.5 %	3.18	98.55	(3.24)	(0.11)
Q2 2016	3.03	551.6 %	0.10	1.83	1.20	0.04
Q3 2016	1.40	133.4 %	0.05	-	1.40	0.05
Q4 2016	59.07	666.2 %	1.97	0.06	59.01	1.97
2016	58.56	5669.5 %	1.95	100.44	(41.88)	(1.40)
Q1 2017	0.21	(99.8 %)	0.01	-	0.21	0.01
Q2 2017	0.71	(76.7 %)	0.02	-	0.71	0.02
Q3 2017	1.48	5.6 %	0.05	-	1.48	0.05
Q4 2017	0.96	(98.4 %)	0.03	-	0.96	0.03
2017	3.34	(94.3 %)	0.11	-	3.34	0.11
Q1 2018	0.29	42.7 %	0.01	-	0.29	0.01
Q2 2018	0.98	37.9 %	0.03	-	0.98	0.03
Q3 2018	1.25	(15.3 %)	0.04	-	1.25	0.04
Q4 2018	(10.23)	(1170.0 %)	(0.34)	-	(10.23)	(0.34)
2018	(7.71)	(330.6 %)	(0.26)	-	(7.71)	(0.26)
Q1 2019	9.36	3082.7 %	0.31	-	9.36	0.31
Q2 2019	1.46	49.5 %	0.05	-	1.46	0.05
Q3 2019	4.71	277.3 %	0.16	-	4.71	0.16
Q4 2019	(30.18)	(195.0 %)	(1.01)	2.58	(32.75)	(1.09)
2019	(14.65)	(90.0 %)	(0.49)	2.58	(17.23)	(0.57)
Q1 2020	0.71	(92.4 %)	0.02	-	0.71	0.02
Q2 2020	0.54	(63.3 %)	0.02	-	0.54	0.02
Q3 2020	(0.28)	(106.0 %)	(0.01)	-	(0.28)	(0.01)
Q4 2020	(6.09)	79.8 %	(0.20)	-	(6.09)	(0.20)
2020	(5.13)	65.0 %	(0.17)	-	(5.13)	(0.17)
Q1 2021	(0.02)	(103.4 %)	0.00	-	(0.02)	0.00
Q2 2021	(0.29)	(154.8 %)	(0.01)	-	(0.29)	(0.01)
Q3 2021	(0.05)	81.6 %	0.00	-	(0.05)	0.00
Q4 2021	1.46	124.0 %	0.05	-	1.46	0.05
2021	1.09	121.3 %	0.04	-	1.09	0.04
Q1 2022	(0.52)	(2,060.8 %)	(0.02)	-	(0.52)	(0.02)
Q2 2022	(0.36)	(23.9 %)	(0.01)	-	(0.36)	(0.01)
Q3 2022	(0.01)	74.0 %	0.00	-	(0.01)	0.00
Q4 2022	7.94	444.5 %	0.26	(6.42)	14.37	0.48
2022	7.05	546.7 %	0.23	(6.42)	13.47	0.45
Q1 2023	0.51	198.1 %	0.02	-	0.51	0.02

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2013	(12.28)	(63.3 %)	(0.41)	(0.11)	(12.17)	(0.41)
2014	(15.04)	(22.5 %)	(0.50)	-	(15.04)	(0.50)
2015	1.02	106.7 %	0.03	13.80	(12.79)	(0.43)
2016	58.56	5669.5 %	1.95	100.44	(41.88)	(1.40)
2017	3.34	(94.3 %)	0.11	-	3.34	0.11
2018	(7.71)	(330.6 %)	(0.26)	-	(7.71)	(0.26)
2019	(14.65)	(90.0 %)	(0.49)	2.58	(17.23)	(0.57)
2020	(5.13)	65.0 %	(0.17)	-	(5.13)	(0.17)
2021	1.09	121.3 %	0.04	-	1.09	0.04
2022	7.05	546.7 %	0.23	(6.42)	13.47	0.45

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2014	(6.33 %)	16.52 %	(27.55 %)
Q2 2014	(6.76 %)	25.77 %	(24.11 %)
Q3 2014	(5.76 %)	10.24 %	(23.65 %)
Q4 2014	(2.52 %)	17.02 %	(22.40 %)
2014	(2.61 %)	11.28 %	(28.26 %)
Q1 2015	2.18 %	24.87 %	(14.41 %)
Q2 2015	0.79 %	26.29 %	(19.84 %)
Q3 2015	(3.40 %)	22.35 %	(26.44 %)
Q4 2015	(2.76 %)	16.99 %	(27.48 %)
2015	(2.76 %)	16.99 %	(27.47 %)
Q1 2016	0.14 %	13.75 %	(28.08 %)
Q2 2016	3.05 %	10.46 %	(32.48 %)
Q3 2016	20.03 %	18.22 %	(23.05 %)
Q4 2016	43.69 %	26.23 %	263.65 %
2016	43.69 %	26.23 %	(189.20 %)
Q1 2017	61.23 %	35.02 %	327.27 %
Q2 2017	60.66 %	30.70 %	346.70 %
Q3 2017	56.90 %	27.81 %	337.49 %
Q4 2017	55.75 %	34.02 %	18.72 %
2017	55.78 %	34.02 %	18.72 %
Q1 2018	62.64 %	41.04 %	21.45 %
Q2 2018	69.12 %	50.94 %	25.33 %
Q3 2018	78.32 %	61.57 %	26.32 %
Q4 2018	85.74 %	(31.67 %)	(63.43 %)
2018	85.72 %	(31.67 %)	(63.42 %)
Q1 2019	86.08 %	33.51 %	11.17 %
Q2 2019	85.63 %	31.83 %	15.22 %
Q3 2019	85.45 %	25.77 %	43.99 %
Q4 2019	85.77 %	(234.69 %)	(143.60 %)
2019	85.75 %	(234.65 %)	(143.57 %)
Q1 2020	85.75 %	(307.67 %)	(216.59 %)
Q2 2020	86.14 %	(305.63 %)	(225.28 %)
Q3 2020	86.32 %	(308.93 %)	(273.44 %)
Q4 2020	84.97 %	(11.25 %)	(43.98 %)
2020	84.97 %	(11.25 %)	(43.99 %)
Q1 2021	84.36 %	(18.78 %)	(50.53 %)
Q2 2021	84.07 %	(34.67 %)	(57.94 %)
Q3 2021	83.65 %	(45.07 %)	(56.13 %)
Q4 2021	84.22 %	89.96 %	9.58 %
2021	84.21 %	89.95 %	9.58 %
Q1 2022	84.11 %	86.91 %	5.31 %
Q2 2022	84.00 %	88.40 %	4.75 %
Q3 2022	84.07 %	87.17 %	5.12 %
Q4 2022	84.16 %	158.64 %	124.06 %
2022	84.16 %	158.63 %	124.04 %
Q1 2023	84.79 %	164.86 %	134.28 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2013	(1.99 %)	11.04 %	(17.39 %)
2014	(2.61 %)	11.28 %	(28.26 %)
2015	(2.76 %)	16.99 %	(27.47 %)
2016	43.69 %	26.23 %	(189.20 %)
2017	55.78 %	34.02 %	18.72 %
2018	85.72 %	(31.67 %)	(63.42 %)
2019	85.75 %	(234.65 %)	(143.57 %)
2020	84.97 %	(11.25 %)	(43.99 %)
2021	84.21 %	89.95 %	9.58 %
2022	84.16 %	158.63 %	124.04 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2014	(36.49 %)	(20.32 %)	(82.11 %)
Q2 2014	14.96 %	28.15 %	10.65 %
Q3 2014	0.76 %	21.03 %	(11.22 %)
Q4 2014	(12.83 %)	22.50 %	(54.26 %)
Q1 2015	(9.57 %)	26.54 %	(36.56 %)
Q2 2015	15.76 %	34.20 %	3.29 %
Q3 2015	(13.74 %)	6.52 %	(32.61 %)
Q4 2015	(8.46 %)	0.68 %	(53.25 %)
Q1 2016	7.05 %	7.96 %	(40.13 %)
Q2 2016	59.54 %	43.26 %	21.54 %
Q3 2016	70.96 %	53.03 %	33.75 %
Q4 2016	65.56 %	12.87 %	1,358.38 %
Q1 2017	50.96 %	30.00 %	4.26 %
Q2 2017	56.75 %	28.03 %	16.18 %
Q3 2017	55.11 %	39.29 %	31.75 %
Q4 2017	61.15 %	39.28 %	23.81 %
Q1 2018	85.07 %	65.29 %	9.89 %
Q2 2018	85.81 %	70.53 %	32.80 %
Q3 2018	86.53 %	77.58 %	38.57 %
Q4 2018	85.47 %	(349.82 %)	(344.06 %)
Q1 2019	86.46 %	336.80 %	320.01 %
Q2 2019	83.96 %	64.23 %	49.86 %
Q3 2019	85.86 %	55.15 %	146.18 %
Q4 2019	86.80 %	(1424.66 %)	(1120.18 %)
Q1 2020	86.39 %	43.51 %	24.75 %
Q2 2020	85.56 %	79.26 %	18.62 %
Q3 2020	86.50 %	74.90 %	(9.54 %)
Q4 2020	81.50 %	(238.60 %)	(206.06 %)
Q1 2021	83.91 %	13.64 %	(0.85 %)
Q2 2021	84.39 %	16.03 %	(10.39 %)
Q3 2021	84.86 %	35.29 %	(1.78 %)
Q4 2021	83.68 %	296.70 %	51.76 %
Q1 2022	83.44 %	(3.57 %)	(19.47 %)
Q2 2022	83.97 %	18.10 %	(13.63 %)
Q3 2022	85.13 %	29.68 %	(0.47 %)
Q4 2022	84.04 %	600.46 %	539.57 %
Q1 2023	86.01 %	18.38 %	19.56 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2014	30.00	(0.55)	(0.54)	11.26
Q2 2014	30.00	(0.48)	(0.48)	11.33
Q3 2014	30.00	(0.44)	(0.43)	11.27
Q4 2014	30.00	(0.40)	(0.40)	11.00
Q1 2015	30.00	(0.25)	(0.25)	10.90
Q2 2015	30.00	(0.31)	(0.31)	10.92
Q3 2015	30.00	(0.39)	(0.39)	10.78
Q4 2015	30.00	0.03	(0.43)	11.03
Q1 2016	30.00	3.31	(0.44)	11.86
Q2 2016	30.00	3.40	(0.41)	11.90
Q3 2016	30.00	3.58	(0.22)	11.91
Q4 2016	30.00	5.29	1.95	10.72
Q1 2017	30.00	2.12	2.06	10.72
Q2 2017	30.00	2.05	2.04	10.74
Q3 2017	30.00	2.05	2.05	10.54
Q4 2017	30.00	0.11	0.11	10.58
Q1 2018	30.00	0.11	0.11	10.59
Q2 2018	30.00	0.12	0.12	10.62
Q3 2018	30.00	0.12	0.12	10.66
Q4 2018	30.00	(0.26)	(0.26)	10.33
Q1 2019	30.00	0.05	0.05	10.64
Q2 2019	30.00	0.06	0.06	10.69
Q3 2019	30.00	0.18	0.18	10.85
Q4 2019	30.00	(0.49)	(0.57)	9.84
Q1 2020	30.00	(0.78)	(0.86)	9.86
Q2 2020	30.00	(0.81)	(0.89)	9.90
Q3 2020	30.00	(0.97)	(1.06)	9.90
Q4 2020	30.00	(0.17)	(0.17)	9.62
Q1 2021	30.00	(0.20)	(0.20)	9.62
Q2 2021	30.00	(0.22)	(0.22)	9.61
Q3 2021	30.00	(0.22)	(0.22)	9.61
Q4 2021	30.00	0.04	0.04	9.66
Q1 2022	30.00	0.02	0.02	9.65
Q2 2022	30.00	0.02	0.02	9.83
Q3 2022	30.00	0.02	0.02	9.83
Q4 2022	30.00	0.23	0.45	10.11
Q1 2023	30.00	0.27	0.48	10.12

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2013	30.00	(0.41)	(0.41)	11.50
2014	30.00	(0.50)	(0.50)	11.00
2015	30.00	0.03	(0.43)	11.03
2016	30.00	1.95	(1.40)	10.72
2017	30.00	0.11	0.11	10.58
2018	30.00	(0.26)	(0.26)	10.33
2019	30.00	(0.49)	(0.57)	9.84
2020	30.00	(0.17)	(0.17)	9.62
2021	30.00	0.04	0.04	9.66
2022	30.00	0.23	0.45	10.11

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2014	NEG	NEG	2.52
Q2 2014	NEG	NEG	2.28
Q3 2014	NEG	NEG	2.55
Q4 2014	NEG	NEG	1.76
Q1 2015	NEG	NEG	2.11
Q2 2015	NEG	NEG	2.25
Q3 2015	NEG	NEG	1.81
Q4 2015	More than 100	NEG	2.03
Q1 2016	5.05	NEG	1.41
Q2 2016	4.88	NEG	1.39
Q3 2016	3.72	NEG	1.12
Q4 2016	2.95	8.02	1.46
Q1 2017	6.53	6.73	1.29
Q2 2017	6.43	6.43	1.22
Q3 2017	6.55	6.55	1.27
Q4 2017	More than 100	More than 100	1.21
Q1 2018	More than 100	More than 100	1.21
Q2 2018	99.73	99.73	1.16
Q3 2018	91.36	91.36	0.99
Q4 2018	NEG	NEG	1.05
Q1 2019	More than 100	More than 100	1.12
Q2 2019	More than 100	More than 100	1.12
Q3 2019	59.22	59.22	0.96
Q4 2019	NEG	NEG	1.13
Q1 2020	NEG	NEG	0.92
Q2 2020	NEG	NEG	1.32
Q3 2020	NEG	NEG	2.11
Q4 2020	NEG	NEG	2.01
Q1 2021	NEG	NEG	2.90
Q2 2021	NEG	NEG	3.36
Q3 2021	NEG	NEG	3.10
Q4 2021	More than 100	More than 100	2.45
Q1 2022	More than 100	More than 100	2.35
Q2 2022	More than 100	More than 100	2.17
Q3 2022	More than 100	More than 100	2.44
Q4 2022	80.01	41.86	1.86
Q1 2023	96.57	53.79	2.57

Period	P/E	Adjusted P/E	Price/book
2013	NEG	NEG	2.62
2014	NEG	NEG	1.76
2015	More than 100	NEG	2.03
2016	7.99	NEG	1.46
2017	More than 100	More than 100	1.21
2018	NEG	NEG	1.05
2019	NEG	NEG	1.13
2020	NEG	NEG	2.01
2021	More than 100	More than 100	2.45
2022	80.01	41.86	1.86

Business Segments (Million)

Compared With The

Period	Agri Sector- Shri Project	Agri Sector- Jouf Project	Poultry Project	Dates Factory	Dairy sector	Agricultural Activity
Q1 2013	11.09	2.87	2.50	3.17	-	-
Q2 2013	10.14	4.29	2.50	3.34	-	-
Q3 2013	10.67	4.13	2.50	1.67	-	-
Q4 2013	5.75	1.28	2.50	1.60	-	-
Q1 2014	3.60	0.70	2.50	2.14	-	-
Q2 2014	8.49	4.72	2.50	4.35	-	-
Q3 2014	7.03	4.23	2.50	1.18	-	-
Q4 2014	2.69	2.34	2.50	1.75	-	-
Q1 2015	2.33	0.74	2.50	2.57	-	-
Q2 2015	5.54	3.33	2.50	2.76	-	-
Q3 2015	7.24	2.10	2.50	0.99	-	-
Q4 2015	1.47	5.23	3.89	0.72	-	-
Q1 2016	3.45	0.48	2.50	1.72	-	-
Q2 2016	1.24	-	2.50	2.04	-	-
Q3 2016	1.60	-	1.60	0.65	-	-
Q4 2016	1.39	-	1.21	0.84	-	-
Q1 2017	1.30	-	1.72	1.81	-	-
Q2 2017	1.29	-	1.72	1.35	-	-
Q3 2017	1.53	-	1.72	1.40	-	-
Q4 2017	1.30	-	1.72	1.00	-	-
Q2 2018	1.29	-	1.69	0.91	-	-
Q3 2018	1.55	-	1.69	0.08	-	-
Q4 2018	1.29	-	1.69	-	-	-
Q1 2019	1.28	-	1.65	-	-	-
Q2 2019	1.28	-	1.65	-	-	-
Q3 2019	1.58	-	1.65	-	-	-
Q4 2019	1.28	-	1.65	-	-	-
Q1 2020	1.27	-	1.60	-	-	-

Period	Agri Sector- Shri Project	Agri Sector- Jouf Project	Poultry Project	Dates Factory	Dairy sector	Agricultural Activity
2013	37.65	12.57	10.00	9.77	-	-
2014	21.81	11.99	10.00	9.41	-	-
2015	16.71	11.41	11.39	7.04	-	-
2016	7.68	0.48	8.71	5.26	-	-
2017	5.41	-	6.90	5.55	-	-
2018	5.41	-	6.74	-	-	-
2019	5.42	-	6.58	-	-	-
2021	5.14	-	6.23	-	-	-
2022	4.98	-	5.88	-	-	-

Financial Ratios

	Current
Market Cap (M Riyal)	566.40
Enterprise Value (EV) (M)	517.15
Shares Outstanding ((M))	30.00
EPS ( Riyal) (TTM)	(0.34)
Book Value (BV) ( Riyal)	9.72
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	1.94
Return on Average Assets (%) (TTM)	(2.39 )
Return on Average Equity (%) (TTM)	(3.48 )

Al Gassim Investment Holding Co. (GACO)

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GACO turns to profit of SAR 561,000 in Q1 2023

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Current Quarter Comparison (M)

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Profit Performance (Million)

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Profitability

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Per Share Data (Riyal)

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Al Gassim Investment Holding Co. (GACO)

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GACO turns to profit of SAR 561,000 in Q1 2023

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Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) 2023

Revenue by Business Segment (Latest) 2023 Q1

Financial Ratios

Share Price

Al Gassim Investment Holding Co. (GACO)

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Business Segments (Million)