Riyadh Cement’s net profit falls 47% to SAR 85.1 mln in H1 2022

Riyadh Cement’s net profit falls 47% to SAR 85.1 mln in H1 2022

05/09/2022 Argaam Exclusive

View other reports

Riyadh Cement Co.’s net profit dropped 47% to SAR 85.1 million in the first half of 2022, from SAR 160.4 million in the same period last year, due to a decrease in sales.



Financials (M)

Item 6m 2021 6m 2022 Change‬
Revenues 401.44 258.61 (35.6 %)
Gross Income 184.82 103.31 (44.1 %)
Operating Income 173.09 88.09 (49.1 %)
Net Income 160.39 82.68 (48.5 %)
Average Shares 120.00 120.00 -
EPS (Riyals) 1.34 0.69 (48.5 %)


Shareholders’ equity, after minority interest, stood at SAR 1.666 billion as of June 30, 2022, compared to SAR 1.737 billion a year earlier.



Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
H1 2013 - - - - - -
H2 2013 - - - - - -
H1 2014 - - - - - -
H2 2014 - - - - - -
H1 2015 - - - - - -
H2 2015 - - - - - -
H1 2016 - - - - - -
H2 2016 - - - - - -
H1 2017 - - - - - -
H2 2017 - - - - - -
H1 2018 - - - - - -
H2 2018 - - - - - -
H1 2019 125.08 - 44.45 - 37.72 -
H2 2019 - - - - - -
H1 2020 101.97 (18.5 %) 42.58 (4.2 %) 37.32 (1.1 %)
H2 2020 - - - - - -
H1 2021 - - - - - -
H2 2021 - - - - - -
H1 2022 - - - - - -


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
H1 2013 - - - - - -
H2 2013 - - - - - -
H1 2014 - - - - - -
H2 2014 - - - - - -
H1 2015 - - - - - -
H2 2015 - - - - - -
H1 2016 - - - - - -
H2 2016 - - - - - -
H1 2017 - - - - - -
H2 2017 - - - - - -
H1 2018 - - - - - -
H2 2018 - - - - - -
H1 2019 35.76 - 0.30 - 35.76 0.30
H2 2019 - - - - - -
H1 2020 35.16 (1.7 %) 0.29 - 35.16 0.29
H2 2020 - - - - - -
H1 2021 - - - - - -
H2 2021 - - - - - -
H1 2022 - - - - - -

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
H1 2013 - - -
H2 2013 - - -
H1 2014 - - -
H2 2014 - - -
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 - - -
H1 2022 - - -


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
H1 2013 - - - -
H2 2013 - - - -
H1 2014 - - - -
H2 2014 - - - -
H1 2015 - - - -
H2 2015 - - - -
H1 2016 - - - -
H2 2016 - - - -
H1 2017 - - - -
H2 2017 - - - -
H1 2018 - - - -
H2 2018 - - - -
H1 2019 120.00 - - 14.02
H2 2019 - - - -
H1 2020 120.00 - - 14.26
H2 2020 - - - -
H1 2021 - - - -
H2 2021 - - - -
H1 2022 - - - -

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
H1 2013 - - -
H2 2013 - - -
H1 2014 - - -
H2 2014 - - -
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 - - -
H1 2022 - - -

Business Segments (Million)

Compared With The
Period Grey Cement White Cement

Current
Market Cap (M Riyal) 3,888.00
Enterprise Value (EV) (M) 3,786.07
Shares Outstanding ((M)) 120.00
Book Value (BV) ( Riyal) 14.00
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 20.60
Price/book 2.31

Comments {{getCommentCount()}}

Be the first to comment

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