Alandalus Property loses SAR 6.5M in H1 2024, SAR 11.3M in Q2

06/08/2024 Argaam Exclusive

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Alandalus Property Co. turned to a loss of SAR 6.5 million in the first six months of 2024 from a profit of SAR 25.9 million a year before.

Financials (M)

Item	6m 2023	6m 2024	Change‬
Revenues	108.41	111.71	3.0 %
Gross Income	71.17	69.15	(2.8 %)
Operating Income	43.30	36.77	(15.1 %)
Net Income	25.91	(6.53)	(125.2 %)
Average Shares	93.33	93.33	-
EPS (Riyals)	0.28	(0.07)	(125.2 %)

The loss was mainly attributed to a 49% fall year-on-year (YoY) in operating profit as some sister companies incurred operating losses, particularly West Jeddah Hospital Co., on the opening and commencement of operations of Dr. Sulaiman Al Habib Medical Hospital (Al-Fayhaa) in Jeddah at the end of the first quarter of this year.

Additionally, the earnings of Alaswaq AlMutatuwerah Co. and Al Jawhara Al Kubra Co. decreased, along with an increase in the provision for impairment of operating lease receivables.

Moreover, financing costs increased by 26% YoY, and revenues from the retail and operations segments declined 4.8%.

However, consolidated revenues reached SAR 111.7 million in H1 2024, an increase of 3.04% compared to SAR 108.41 million in the same period of 2023.

Current Quarter Comparison (M)

Compared With The

Item	Q2 2023	Q2 2024	Change‬
Revenues	53.95	58.71	8.8 %
Gross Income	35.77	36.93	3.2 %
Operating Income	21.58	19.29	(10.6 %)
Net Income	11.65	(11.25)	(196.6 %)
Average Shares	93.33	93.33	-
EPS (Riyals)	0.12	(0.12)	(196.6 %)

Item	Q1 2024	Q2 2024	Change‬
Revenues	53.00	58.71	10.8 %
Gross Income	32.22	36.93	14.6 %
Operating Income	17.48	19.29	10.3 %
Net Income	4.72	(11.25)	(338.5 %)
Average Shares	93.33	93.33	-
EPS (Riyals)	0.05	(0.12)	(338.5 %)

In Q2 2024, the company also swung to a loss of SAR 11.3 million, against a profit of SAR 11.65 million in Q2 2023, mainly due to a 77% drop in operating profit and higher financing costs by 18% YoY.

Sequentially, Alandalus turned to a loss from a profit of SAR 4.72 million in Q1 2024.

Shareholders’ equity, after minority interest, reached SAR 1.04 billion as of June 30, 2024, marginally down from SAR 1.08 billion a year earlier.

Attached Document:

View more financial results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2015	29.58	24.7 %	18.23	13.8 %	16.28	12.5 %
Q2 2015	31.72	24.3 %	20.42	10.0 %	18.53	15.6 %
Q3 2015	33.06	21.0 %	19.76	7.0 %	17.09	8.4 %
Q4 2015	32.37	24.4 %	16.66	(5.4 %)	13.64	(15.2 %)
2015	126.73	23.5 %	75.08	6.2 %	65.60	5.2 %
Q1 2016	31.69	7.1 %	19.84	8.8 %	16.93	4.0 %
Q2 2016	32.06	1.1 %	20.17	(1.2 %)	17.15	(7.5 %)
Q3 2016	34.30	3.8 %	20.97	6.1 %	17.64	3.2 %
Q4 2016	33.62	3.9 %	20.98	25.9 %	17.58	28.9 %
2016	131.67	3.9 %	81.96	9.2 %	69.29	5.6 %
Q1 2017	32.70	3.2 %	20.45	3.1 %	17.69	4.5 %
Q2 2017	36.51	13.9 %	22.84	13.2 %	20.09	17.2 %
Q3 2017	38.86	13.3 %	21.26	1.4 %	17.55	(0.5 %)
Q4 2017	38.77	15.3 %	15.60	(25.7 %)	11.36	(35.4 %)
2017	146.83	11.5 %	80.15	(2.2 %)	66.48	(4.1 %)
Q1 2018	40.79	24.7 %	24.79	21.2 %	16.63	(6.0 %)
Q2 2018	41.28	13.1 %	24.10	5.5 %	15.57	(22.5 %)
Q3 2018	40.51	4.3 %	22.58	6.2 %	14.61	(16.8 %)
Q4 2018	42.11	8.6 %	22.22	42.4 %	13.31	17.1 %
2018	164.68	12.2 %	93.69	16.9 %	60.11	(9.6 %)
Q1 2019	40.00	(1.9 %)	23.58	(4.9 %)	16.80	1.0 %
Q2 2019	42.31	2.5 %	23.61	(2.0 %)	14.40	(7.5 %)
Q3 2019	42.72	5.5 %	24.08	6.6 %	15.31	4.8 %
Q4 2019	51.04	21.2 %	31.14	40.1 %	20.42	53.4 %
2019	176.06	6.9 %	102.40	9.3 %	66.93	11.3 %
Q1 2020	41.94	4.9 %	23.33	(1.1 %)	14.03	(16.5 %)
Q2 2020	31.45	(25.7 %)	18.23	(22.8 %)	10.99	(23.7 %)
Q3 2020	36.98	(13.4 %)	17.02	(29.3 %)	9.05	(40.9 %)
Q4 2020	57.45	12.6 %	37.08	19.1 %	20.02	(2.0 %)
2020	167.82	(4.7 %)	95.66	(6.6 %)	54.09	(19.2 %)
Q1 2021	50.54	20.5 %	33.61	44.1 %	23.42	66.9 %
Q2 2021	52.36	66.5 %	35.52	94.9 %	23.82	116.8 %
Q3 2021	55.44	49.9 %	37.43	119.9 %	27.28	201.5 %
Q4 2021	56.04	(2.5 %)	38.47	3.7 %	22.16	10.7 %
2021	214.39	27.7 %	145.03	51.6 %	96.69	78.8 %
Q1 2022	53.30	5.5 %	36.69	9.1 %	26.54	13.3 %
Q2 2022	54.09	3.3 %	37.50	5.6 %	23.93	0.4 %
Q3 2022	53.27	(3.9 %)	35.40	(5.4 %)	23.28	(14.7 %)
Q4 2022	55.45	(1.1 %)	32.83	(14.7 %)	22.38	1.0 %
2022	216.11	0.8 %	142.41	(1.8 %)	96.13	(0.6 %)
Q1 2023	54.47	2.2 %	35.40	(3.5 %)	21.73	(18.1 %)
Q2 2023	53.95	(0.3 %)	35.77	(4.6 %)	21.58	(9.8 %)
Q3 2023	55.54	4.3 %	36.83	4.1 %	23.52	1.0 %
Q4 2023	51.21	(7.7 %)	29.70	(9.5 %)	8.57	(61.7 %)
2023	215.16	(0.4 %)	137.71	(3.3 %)	75.40	(21.6 %)
Q1 2024	53.00	(2.7 %)	32.22	(9.0 %)	17.48	(19.5 %)
Q2 2024	58.71	8.8 %	36.93	3.2 %	19.29	(10.6 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2014	102.61	5.7 %	70.67	(0.6 %)	62.36	(1.4 %)
2015	126.73	23.5 %	75.08	6.2 %	65.60	5.2 %
2016	131.67	3.9 %	81.96	9.2 %	69.29	5.6 %
2017	146.83	11.5 %	80.15	(2.2 %)	66.48	(4.1 %)
2018	164.68	12.2 %	93.69	16.9 %	60.11	(9.6 %)
2019	176.06	6.9 %	102.40	9.3 %	66.93	11.3 %
2020	167.82	(4.7 %)	95.66	(6.6 %)	54.09	(19.2 %)
2021	214.39	27.7 %	145.03	51.6 %	96.69	78.8 %
2022	216.11	0.8 %	142.41	(1.8 %)	96.13	(0.6 %)
2023	215.16	(0.4 %)	137.71	(3.3 %)	75.40	(21.6 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2015	23.55	10.0 %	0.25	-	23.55	0.25
Q2 2015	24.67	12.6 %	0.26	-	24.67	0.26
Q3 2015	24.18	10.5 %	0.26	-	24.18	0.26
Q4 2015	21.68	0.3 %	0.23	-	21.68	0.23
2015	94.07	8.4 %	1.01	-	94.07	1.01
Q1 2016	24.80	5.3 %	0.27	-	24.80	0.27
Q2 2016	24.85	0.8 %	0.27	-	24.85	0.27
Q3 2016	26.37	9.1 %	0.28	-	26.37	0.28
Q4 2016	15.81	(27.1 %)	0.17	-	15.81	0.17
2016	91.82	(2.4 %)	0.98	-	91.82	0.98
Q1 2017	49.45	99.4 %	0.53	22.94	26.50	0.28
Q2 2017	27.57	10.9 %	0.30	-	27.57	0.30
Q3 2017	26.42	0.2 %	0.28	-	26.42	0.28
Q4 2017	14.96	(5.3 %)	0.16	-	14.96	0.16
2017	118.39	28.9 %	1.27	22.94	95.45	1.02
Q1 2018	20.52	(58.5 %)	0.22	-	20.52	0.22
Q2 2018	12.16	(55.9 %)	0.13	-	12.16	0.13
Q3 2018	12.62	(52.2 %)	0.14	-	12.62	0.14
Q4 2018	2.67	(82.2 %)	0.03	(6.01)	8.68	0.09
2018	47.97	(59.5 %)	0.51	(6.01)	53.99	0.58
Q1 2019	20.28	(1.2 %)	0.22	-	20.28	0.22
Q2 2019	15.13	24.4 %	0.16	-	15.13	0.16
Q3 2019	14.59	15.6 %	0.16	-	14.59	0.16
Q4 2019	14.83	456.3 %	0.16	-	14.83	0.16
2019	64.82	35.1 %	0.69	-	64.82	0.69
Q1 2020	12.24	(39.6 %)	0.13	-	12.24	0.13
Q2 2020	(6.48)	(142.8 %)	(0.07)	(20.00)	13.52	0.14
Q3 2020	3.13	(78.5 %)	0.03	(1.50)	4.63	0.05
Q4 2020	5.45	(63.2 %)	0.06	(10.33)	15.78	0.17
2020	14.34	(77.9 %)	0.15	(31.83)	46.17	0.49
Q1 2021	18.96	54.9 %	0.20	-	18.96	0.20
Q2 2021	19.23	396.8 %	0.21	-	19.23	0.21
Q3 2021	19.37	518.2 %	0.21	-	19.37	0.21
Q4 2021	10.42	91.2 %	0.11	-	10.42	0.11
2021	67.98	374.0 %	0.73	-	67.98	0.73
Q1 2022	19.79	4.4 %	0.21	-	19.79	0.21
Q2 2022	15.47	(19.6 %)	0.17	-	15.47	0.17
Q3 2022	18.04	(6.8 %)	0.19	-	18.04	0.19
Q4 2022	13.48	29.3 %	0.14	-	13.48	0.14
2022	66.77	(1.8 %)	0.72	-	66.77	0.72
Q1 2023	14.26	(27.9 %)	0.15	-	14.26	0.15
Q2 2023	11.65	(24.7 %)	0.12	-	11.65	0.12
Q3 2023	7.19	(60.2 %)	0.08	-	7.19	0.08
Q4 2023	3.32	(75.4 %)	0.04	-	3.32	0.04
2023	36.42	(45.5 %)	0.39	-	36.42	0.39
Q1 2024	4.72	(66.9 %)	0.05	-	4.72	0.05
Q2 2024	(11.25)	(196.6 %)	(0.12)	-	(11.25)	(0.12)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2014	86.81	1.5 %	0.93	-	86.81	0.93
2015	94.07	8.4 %	1.01	-	94.07	1.01
2016	91.82	(2.4 %)	0.98	-	91.82	0.98
2017	118.39	28.9 %	1.27	22.94	95.45	1.02
2018	47.97	(59.5 %)	0.51	(6.01)	53.99	0.58
2019	64.82	35.1 %	0.69	-	64.82	0.69
2020	14.34	(77.9 %)	0.15	(31.83)	46.17	0.49
2021	67.98	374.0 %	0.73	-	67.98	0.73
2022	66.77	(1.8 %)	0.72	-	66.77	0.72
2023	36.42	(45.5 %)	0.39	-	36.42	0.39

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	67.19 %	69.22 %	82.01 %
Q2 2015	65.18 %	67.95 %	79.99 %
Q3 2015	63.15 %	66.03 %	78.09 %
Q4 2015	59.24 %	61.65 %	74.23 %
2015	59.24 %	61.70 %	74.23 %
Q1 2016	59.52 %	61.03 %	73.99 %
Q2 2016	59.17 %	59.81 %	73.93 %
Q3 2016	59.53 %	59.73 %	74.91 %
Q4 2016	62.25 %	60.32 %	69.74 %
2016	62.25 %	60.32 %	69.74 %
Q1 2017	62.23 %	60.30 %	70.49 %
Q2 2017	62.16 %	60.37 %	70.19 %
Q3 2017	60.37 %	58.44 %	67.96 %
Q4 2017	54.59 %	54.38 %	65.01 %
2017	54.59 %	54.24 %	65.01 %
Q1 2018	54.54 %	52.25 %	57.75 %
Q2 2018	53.70 %	48.57 %	46.38 %
Q3 2018	53.96 %	46.94 %	37.36 %
Q4 2018	56.89 %	47.64 %	32.78 %
2018	56.89 %	47.64 %	32.78 %
Q1 2019	56.43 %	48.55 %	32.79 %
Q2 2019	55.78 %	49.45 %	34.39 %
Q3 2019	55.94 %	51.02 %	35.11 %
Q4 2019	58.16 %	54.39 %	36.82 %
2019	58.16 %	54.39 %	36.82 %
Q1 2020	57.39 %	53.54 %	31.90 %
Q2 2020	57.89 %	55.22 %	33.01 %
Q3 2020	55.58 %	54.76 %	28.01 %
Q4 2020	57.00 %	51.82 %	27.51 %
2020	57.00 %	51.82 %	27.51 %
Q1 2021	60.05 %	54.90 %	29.98 %
Q2 2021	62.45 %	56.08 %	29.69 %
Q3 2021	66.56 %	58.98 %	33.98 %
Q4 2021	67.65 %	60.97 %	31.71 %
2021	67.65 %	60.97 %	31.71 %
Q1 2022	68.20 %	61.46 %	31.69 %
Q2 2022	68.57 %	61.25 %	29.72 %
Q3 2022	68.32 %	59.74 %	29.40 %
Q4 2022	65.90 %	59.79 %	30.90 %
2022	65.90 %	59.79 %	30.90 %
Q1 2023	64.95 %	57.23 %	28.19 %
Q2 2023	64.20 %	55.60 %	26.45 %
Q3 2023	64.19 %	55.62 %	21.23 %
Q4 2023	64.00 %	50.93 %	16.93 %
2023	64.00 %	50.93 %	16.93 %
Q1 2024	62.95 %	49.84 %	12.57 %
Q2 2024	62.11 %	48.50 %	1.82 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2014	68.87 %	70.94 %	84.60 %
2015	59.24 %	61.70 %	74.23 %
2016	62.25 %	60.32 %	69.74 %
2017	54.59 %	54.24 %	65.01 %
2018	56.89 %	47.64 %	32.78 %
2019	58.16 %	54.39 %	36.82 %
2020	57.00 %	51.82 %	27.51 %
2021	67.65 %	60.97 %	31.71 %
2022	65.90 %	59.79 %	30.90 %
2023	64.00 %	50.93 %	16.93 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	61.62 %	65.51 %	79.62 %
Q2 2015	64.39 %	67.68 %	77.77 %
Q3 2015	59.78 %	61.14 %	73.13 %
Q4 2015	51.48 %	52.74 %	66.97 %
Q1 2016	62.61 %	62.72 %	78.25 %
Q2 2016	62.91 %	62.70 %	77.51 %
Q3 2016	61.13 %	60.79 %	76.88 %
Q4 2016	62.41 %	55.31 %	47.01 %
Q1 2017	62.54 %	62.59 %	81.06 %
Q2 2017	62.56 %	62.65 %	75.51 %
Q3 2017	54.72 %	53.69 %	67.99 %
Q4 2017	40.24 %	40.36 %	38.59 %
Q1 2018	60.77 %	52.87 %	50.32 %
Q2 2018	58.38 %	47.21 %	29.47 %
Q3 2018	55.74 %	47.00 %	31.16 %
Q4 2018	52.77 %	43.61 %	20.61 %
Q1 2019	58.95 %	56.69 %	50.70 %
Q2 2019	55.81 %	50.78 %	35.76 %
Q3 2019	56.36 %	53.27 %	34.14 %
Q4 2019	61.01 %	56.52 %	29.05 %
Q1 2020	55.62 %	52.97 %	29.18 %
Q2 2020	57.95 %	58.77 %	42.99 %
Q3 2020	46.02 %	50.97 %	12.53 %
Q4 2020	64.54 %	47.73 %	27.47 %
Q1 2021	66.51 %	63.50 %	37.51 %
Q2 2021	67.83 %	61.70 %	36.72 %
Q3 2021	67.52 %	63.95 %	34.93 %
Q4 2021	68.64 %	55.04 %	18.60 %
Q1 2022	68.84 %	65.40 %	37.12 %
Q2 2022	69.32 %	60.84 %	28.59 %
Q3 2022	66.45 %	57.88 %	33.87 %
Q4 2022	59.20 %	55.20 %	24.31 %
Q1 2023	65.00 %	55.05 %	26.19 %
Q2 2023	66.30 %	54.29 %	21.59 %
Q3 2023	66.32 %	57.88 %	12.94 %
Q4 2023	58.01 %	35.48 %	6.49 %
Q1 2024	60.80 %	50.78 %	8.90 %
Q2 2024	62.89 %	48.93 %	(19.16 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2015	93.33	0.95	0.95	8.65
Q2 2015	93.33	0.98	0.98	8.92
Q3 2015	93.33	1.01	1.01	9.18
Q4 2015	93.33	1.01	1.01	9.41
Q1 2016	93.33	1.02	1.02	9.19
Q2 2016	93.33	1.02	1.02	9.08
Q3 2016	93.33	1.05	1.05	9.37
Q4 2016	93.33	0.98	0.98	9.54
Q1 2017	93.33	1.25	1.00	10.07
Q2 2017	93.33	1.28	1.03	10.36
Q3 2017	93.33	1.28	1.03	10.64
Q4 2017	93.33	1.27	1.02	13.16
Q1 2018	93.33	0.96	0.96	13.38
Q2 2018	93.33	0.79	0.79	12.01
Q3 2018	93.33	0.65	0.65	12.15
Q4 2018	93.33	0.51	0.58	12.18
Q1 2019	93.33	0.51	0.58	12.16
Q2 2019	93.33	0.54	0.61	11.57
Q3 2019	93.33	0.56	0.63	11.73
Q4 2019	93.33	0.69	0.69	11.88
Q1 2020	93.33	0.61	0.61	12.01
Q2 2020	93.33	0.38	0.59	11.19
Q3 2020	93.33	0.25	0.48	11.23
Q4 2020	93.33	0.15	0.49	11.28
Q1 2021	93.33	0.23	0.57	11.49
Q2 2021	93.33	0.50	0.63	11.32
Q3 2021	93.33	0.68	0.79	11.53
Q4 2021	93.33	0.73	0.73	11.39
Q1 2022	93.33	0.74	0.74	11.35
Q2 2022	93.33	0.70	0.70	11.52
Q3 2022	93.33	0.68	0.68	11.46
Q4 2022	93.33	0.72	0.72	11.60
Q1 2023	93.33	0.66	0.66	11.50
Q2 2023	93.33	0.62	0.62	11.63
Q3 2023	93.33	0.50	0.50	11.45
Q4 2023	93.33	0.39	0.39	11.48
Q1 2024	93.33	0.29	0.29	11.29
Q2 2024	93.33	0.04	0.04	11.16

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2014	93.33	0.93	0.93	8.40
2015	93.33	1.01	1.01	9.41
2016	93.33	0.98	0.98	9.54
2017	93.33	1.27	1.02	13.16
2018	93.33	0.51	0.58	12.18
2019	93.33	0.69	0.69	11.88
2020	93.33	0.15	0.49	11.28
2021	93.33	0.73	0.73	11.39
2022	93.33	0.72	0.72	11.60
2023	93.33	0.39	0.39	11.48

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2015	-	-	-
Q2 2015	-	-	-
Q3 2015	-	-	-
Q4 2015	-	-	-
Q1 2016	15.43	15.43	1.71
Q2 2016	14.79	14.79	1.67
Q3 2016	10.83	10.83	1.21
Q4 2016	14.97	14.97	1.54
Q1 2017	11.26	14.03	1.40
Q2 2017	13.39	16.58	1.65
Q3 2017	12.26	15.19	1.47
Q4 2017	12.22	15.15	1.18
Q1 2018	17.46	17.46	1.25
Q2 2018	17.54	17.54	1.16
Q3 2018	17.42	17.42	0.93
Q4 2018	20.87	18.54	0.88
Q1 2019	23.55	20.92	0.99
Q2 2019	19.83	17.72	0.93
Q3 2019	19.70	17.68	0.95
Q4 2019	16.87	16.87	0.99
Q1 2020	18.00	18.00	0.91
Q2 2020	30.25	19.29	1.02
Q3 2020	57.49	30.16	1.30
Q4 2020	More than 100	32.11	1.41
Q1 2021	76.43	30.44	1.50
Q2 2021	40.63	32.43	1.80
Q3 2021	31.32	26.90	1.83
Q4 2021	24.71	24.71	1.58
Q1 2022	24.42	24.42	1.59
Q2 2022	22.41	22.41	1.36
Q3 2022	23.00	23.00	1.37
Q4 2022	21.66	21.66	1.34
Q1 2023	26.36	26.36	1.50
Q2 2023	32.60	32.60	1.73
Q3 2023	44.09	44.09	1.92
Q4 2023	51.15	51.15	1.74
Q1 2024	94.83	94.83	2.42
Q2 2024	More than 100	More than 100	2.15

Period	P/E	Adjusted P/E	Price/book
2014	-	-	-
2015	-	-	-
2016	14.97	14.97	1.54
2017	12.22	15.15	1.18
2018	20.87	18.54	0.88
2019	16.87	16.87	0.99
2020	More than 100	32.11	1.41
2021	24.71	24.71	1.58
2022	21.66	21.66	1.34
2023	51.15	51.15	1.74

Business Segments (Million)

Compared With The

Period	Retail sector	Hospitality sector	Office sector	Other activities
Q1 2016	31.54	-	0.26	-
Q2 2016	32.10	-	0.26	-
Q3 2016	33.64	-	0.26	-
Q4 2016	33.36	-	0.26	-
Q1 2017	32.44	-	0.26	0.22
Q2 2017	35.90	-	0.26	-
Q3 2017	36.10	1.99	0.26	-
Q4 2017	33.62	4.89	-	-
Q1 2018	35.29	5.49	0.24	-
Q2 2018	35.09	5.93	0.26	-
Q3 2018	33.86	6.39	0.26	-
Q4 2018	36.29	6.57	(0.75)	-
Q1 2019	34.74	5.26	-	-
Q2 2019	37.14	5.18	-	-
Q3 2019	34.88	3.46	4.38	-
Q4 2019	41.96	3.00	6.08	-
Q1 2020	33.56	2.36	6.02	-
Q2 2020	21.17	4.23	6.05	-
Q3 2020	28.06	0.82	8.10	-
Q4 2020	44.94	1.13	11.38	-
Q1 2021	37.33	1.91	11.30	-
Q2 2021	38.35	2.59	11.42	-
Q3 2021	40.73	3.16	11.55	-
Q4 2021	40.70	3.79	11.55	-
Q1 2022	38.35	3.65	11.30	-
Q2 2022	39.21	3.46	11.42	-
Q3 2022	37.88	3.84	11.55	-
Q4 2022	40.47	3.43	11.55	-
Q1 2023	39.30	3.86	11.30	-
Q2 2023	38.63	3.89	11.42	-
Q3 2023	39.68	4.31	11.55	-
Q4 2023	36.14	3.52	11.55	-
Q1 2024	36.93	4.67	11.39	-
Q2 2024	37.19	5.63	15.88	-

Period	Retail sector	Hospitality sector	Office sector	Other activities
2016	130.64	-	1.03	-
2017	138.57	7.23	-	1.03
2018	140.30	24.38	-	-
2019	148.72	16.89	10.46	-
2020	127.73	8.55	31.55	-
2021	157.11	11.46	45.82	-
2022	155.91	14.38	45.82	-
2023	153.75	15.59	45.82	-

Financial Ratios

	Current
Market Cap (M Riyal)	2,264.19
Enterprise Value (EV) (M)	3,156.27
Shares Outstanding ((M))	93.33
EPS ( Riyal) (TTM)	(0.13)
Book Value (BV) ( Riyal)	11.07
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	2.19
Return on Average Assets (%) (TTM)	(0.55 )
Return on Average Equity (%) (TTM)	(1.18 )

Alandalus Property Co. (ALANDALUS)

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Alandalus Property loses SAR 6.5M in H1 2024, SAR 11.3M in Q2

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Financials (M)

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)

Revenue by Business Segment (Latest) 2024 Q2

Financial Ratios

Share Price

Alandalus Property Co. (ALANDALUS)

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Alandalus Property loses SAR 6.5M in H1 2024, SAR 11.3M in Q2

View other reports

Financials (M)

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) Q2 2024

Revenue by Business Segment (Latest) 2024 Q2

Financial Ratios

Share Price

Alandalus Property Co. (ALANDALUS)

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Business Segments (Million)