Lazurde H1 2023 profit drops 15% to SAR 18.9 mln; Q2 at SAR 7.2 mln

10/08/2023 Argaam Exclusive

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Lazurde Company for Jewelry reported a drop of 15% in H1 2023 net profit to SAR 18.9 million from SAR 22.2 million a year ago.

Financials (M)

Item	6m 2022	6m 2023	Change‬
Revenues	1,038.57	974.17	(6.2 %)
Gross Income	172.87	149.93	(13.3 %)
Operating Income	44.97	43.81	(2.6 %)
Net Income	22.22	18.88	(15.0 %)
Average Shares	57.50	57.50	-
EPS (Riyals)	0.39	0.33	(15.0 %)

Lazurde’s revenues, including gold value, declined by 6.2% year-on-year (YoY) to SAR 974.2 million. The group does not make profits/losses from the value of the gold sold.

The group’s operating revenues, which better represent revenues of the group after excluding gold value, amounted to SAR 241.4 million in H1 2023, a drop of 10.2% YoY.

The gross profit came in at SAR 149.9 million in H1 2023, dropping 13.3% YoY due to lower operating revenues because of the Egyptian pound devaluation. Operating profit also decreased by 2.7% YoY to SAR 43.8 million.

Current Quarter Comparison (M)

Compared With The

Item	Q2 2022	Q2 2023	Change‬
Revenues	424.05	477.84	12.7 %
Gross Income	73.70	70.80	(3.9 %)
Operating Income	14.91	18.68	25.3 %
Net Income	8.51	7.23	(15.0 %)
Average Shares	57.50	57.50	-
EPS (Riyals)	0.15	0.13	(15.0 %)

Item	Q1 2023	Q2 2023	Change‬
Revenues	496.33	477.84	(3.7 %)
Gross Income	79.13	70.80	(10.5 %)
Operating Income	25.12	18.68	(25.6 %)
Net Income	11.65	7.23	(38.0 %)
Average Shares	57.50	57.50	-
EPS (Riyals)	0.20	0.13	(38.0 %)

The second-quarter net profit dropped 15.4% to SAR 7.20 million from SAR 8.51 million in Q2 2022.

The group’s operating revenues shed 1.5% YoY to SAR 115.3 million in Q2 2023.

The wholesale operating revenues in Saudi Arabia dropped 8.1% YoY despite a 10.3% rise in retail business revenues. The group’s gross profit declined 3.9% YoY to SAR 70.8 million in Q2 2023.

The Q2 earnings fell on a quarterly basis by 38.2% from SAR 11.65 million. The group’s total revenues, including gold value, declined by 3.8% sequentially to SAR 477.8 million.

Operating revenues went lower by 8.7% on a quarterly basis to SAR 477.80 million in Q2 2023.

Shareholders’ equity, no minority interest, contracted to SAR 368.5 million as of June 30, 2023, from SAR 426.7 million a year earlier.

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Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2014	-	-	-	-	-	-
Q2 2014	-	-	-	-	-	-
Q3 2014	-	-	-	-	-	-
Q4 2014	-	-	-	-	-	-
2014	2,716.95	(7.2 %)	301.18	11.1 %	130.63	10.8 %
Q1 2015	937.68	-	111.85	-	52.19	-
Q2 2015	764.54	-	87.77	-	35.58	-
Q3 2015	671.13	-	83.84	-	33.46	-
Q4 2015	440.85	-	55.87	-	28.25	-
2015	2,814.20	3.6 %	339.33	12.7 %	149.48	14.4 %
Q1 2016	883.55	(5.8 %)	117.33	4.9 %	52.88	1.3 %
Q2 2016	552.19	(27.8 %)	40.49	(53.9 %)	5.11	(85.6 %)
Q3 2016	406.33	(39.5 %)	73.89	(11.9 %)	39.77	18.9 %
Q4 2016	176.24	(60.0 %)	12.84	(77.0 %)	(29.76)	(205.4 %)
2016	2,018.30	(28.3 %)	244.54	(27.9 %)	68.00	(54.5 %)
Q1 2017	604.69	(31.6 %)	74.15	(36.8 %)	34.82	(34.2 %)
Q2 2017	411.84	(25.4 %)	51.63	27.5 %	15.73	207.7 %
Q3 2017	399.91	(1.6 %)	44.94	(39.2 %)	10.73	(73.0 %)
Q4 2017	336.07	90.7 %	46.76	264.2 %	13.99	147.0 %
2017	1,752.51	(13.2 %)	217.48	(11.1 %)	75.27	10.7 %
Q1 2018	554.63	(8.3 %)	68.46	(7.7 %)	23.04	(33.8 %)
Q2 2018	460.75	11.9 %	55.98	8.4 %	17.36	10.4 %
Q3 2018	481.13	20.3 %	58.76	30.8 %	15.78	47.0 %
Q4 2018	415.85	23.7 %	60.87	30.2 %	13.75	(1.7 %)
2018	1,912.36	9.1 %	244.08	12.2 %	69.93	(7.1 %)
Q1 2019	673.53	21.4 %	95.97	40.2 %	30.39	31.9 %
Q2 2019	533.76	15.8 %	80.79	44.3 %	28.05	61.6 %
Q3 2019	486.23	1.1 %	65.57	11.6 %	13.18	(16.4 %)
Q4 2019	282.89	(32.0 %)	45.48	(25.3 %)	(7.12)	(151.8 %)
2019	1,976.41	3.3 %	287.81	17.9 %	64.50	(7.8 %)
Q1 2020	444.99	(33.9 %)	70.57	(26.5 %)	12.42	(59.1 %)
Q2 2020	170.92	(68.0 %)	21.11	(73.9 %)	(16.15)	(157.6 %)
Q3 2020	370.84	(23.7 %)	47.93	(26.9 %)	(0.11)	(100.8 %)
Q4 2020	291.69	3.1 %	43.37	(4.6 %)	(20.07)	(181.8 %)
2020	1,278.44	(35.3 %)	182.98	(36.4 %)	(23.91)	(137.1 %)
Q1 2021	551.40	23.9 %	84.59	19.9 %	27.88	124.5 %
Q2 2021	475.40	178.1 %	75.48	257.6 %	20.17	224.9 %
Q3 2021	526.61	42.0 %	79.87	66.6 %	23.99	22111.9 %
Q4 2021	418.08	43.3 %	67.80	56.3 %	9.41	146.9 %
2021	1,971.48	54.2 %	307.75	68.2 %	81.46	440.7 %
Q1 2022	614.52	11.4 %	99.17	17.2 %	30.06	7.8 %
Q2 2022	424.05	(10.8 %)	73.70	(2.4 %)	14.91	(26.1 %)
Q3 2022	573.94	9.0 %	85.20	6.7 %	26.50	10.5 %
Q4 2022	387.12	(7.4 %)	68.98	1.7 %	14.13	50.1 %
2022	1,999.63	1.4 %	327.04	6.3 %	85.61	5.1 %
Q1 2023	496.33	(19.2 %)	79.13	(20.2 %)	25.12	(16.4 %)
Q2 2023	477.84	12.7 %	70.80	(3.9 %)	18.68	25.3 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2013	2,927.29	20.0 %	270.99	25.3 %	117.91	32.1 %
2014	2,716.95	(7.2 %)	301.18	11.1 %	130.63	10.8 %
2015	2,814.20	3.6 %	339.33	12.7 %	149.48	14.4 %
2016	2,018.30	(28.3 %)	244.54	(27.9 %)	68.00	(54.5 %)
2017	1,752.51	(13.2 %)	217.48	(11.1 %)	75.27	10.7 %
2018	1,912.36	9.1 %	244.08	12.2 %	69.93	(7.1 %)
2019	1,976.41	3.3 %	287.81	17.9 %	64.50	(7.8 %)
2020	1,278.44	(35.3 %)	182.98	(36.4 %)	(23.91)	(137.1 %)
2021	1,971.48	54.2 %	307.75	68.2 %	81.46	440.7 %
2022	1,999.63	1.4 %	327.04	6.3 %	85.61	5.1 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2014	-	-	-	-	-	-
Q2 2014	-	-	-	-	-	-
Q3 2014	-	-	-	-	-	-
Q4 2014	-	-	-	-	-	-
2014	86.29	16.3 %	1.71	-	86.29	1.71
Q1 2015	41.25	-	0.82	-	41.25	0.82
Q2 2015	22.50	-	0.45	-	22.50	0.45
Q3 2015	24.98	-	0.49	-	24.98	0.49
Q4 2015	11.84	-	0.23	-	11.84	0.23
2015	100.57	16.5 %	1.99	-	100.57	1.99
Q1 2016	51.01	23.7 %	1.01	-	51.01	1.01
Q2 2016	(7.04)	(131.3 %)	(0.14)	-	(7.04)	(0.14)
Q3 2016	28.75	15.1 %	0.57	-	28.75	0.57
Q4 2016	(0.77)	(106.5 %)	(0.02)	44.22	(44.98)	(0.89)
2016	71.95	(28.5 %)	1.42	44.22	27.74	0.55
Q1 2017	21.99	(56.9 %)	0.44	-	21.99	0.44
Q2 2017	6.42	191.3 %	0.13	-	6.42	0.13
Q3 2017	0.50	(98.3 %)	0.01	-	0.50	0.01
Q4 2017	2.63	443.3 %	0.05	-	2.63	0.05
2017	31.54	(56.2 %)	0.62	-	31.54	0.62
Q1 2018	9.03	(58.9 %)	0.18	-	9.03	0.18
Q2 2018	4.85	(24.6 %)	0.10	-	4.85	0.10
Q3 2018	3.70	637.5 %	0.07	-	3.70	0.07
Q4 2018	0.09	(96.6 %)	0.00	-	0.09	0.00
2018	17.67	(44.0 %)	0.35	-	17.67	0.35
Q1 2019	11.96	32.5 %	0.24	-	11.96	0.24
Q2 2019	12.16	150.9 %	0.24	-	12.16	0.24
Q3 2019	0.24	(93.7 %)	0.00	-	0.24	0.00
Q4 2019	(41.90)	(46654.4 %)	(0.83)	(17.77)	(24.13)	(0.48)
2019	(17.55)	(199.3 %)	(0.35)	(17.77)	0.22	0.00
Q1 2020	(1.61)	(113.5 %)	(0.03)	-	(1.61)	(0.03)
Q2 2020	(66.17)	(644.4 %)	(1.31)	(34.69)	(31.48)	(0.62)
Q3 2020	(18.82)	(8107.2 %)	(0.37)	-	(18.82)	(0.37)
Q4 2020	(33.89)	19.1 %	(0.67)	-	(33.89)	(0.67)
2020	(120.49)	(586.6 %)	(2.39)	(34.69)	(85.80)	(1.70)
Q1 2021	10.17	730.9 %	0.20	-	10.17	0.20
Q2 2021	8.00	112.1 %	0.14	-	8.00	0.14
Q3 2021	7.85	141.7 %	0.14	-	7.85	0.14
Q4 2021	(3.98)	88.3 %	(0.07)	-	(3.98)	(0.07)
2021	22.04	118.3 %	0.38	-	22.04	0.38
Q1 2022	13.71	34.8 %	0.24	-	13.71	0.24
Q2 2022	8.51	6.3 %	0.15	-	8.51	0.15
Q3 2022	9.20	17.2 %	0.16	-	9.20	0.16
Q4 2022	2.75	169.1 %	0.05	-	2.75	0.05
2022	34.16	55.0 %	0.59	-	34.16	0.59
Q1 2023	11.65	(15.0 %)	0.20	-	11.65	0.20
Q2 2023	7.23	(15.0 %)	0.13	-	7.23	0.13

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2013	74.18	44.1 %	1.47	-	74.18	1.47
2014	86.29	16.3 %	1.71	-	86.29	1.71
2015	100.57	16.5 %	1.99	-	100.57	1.99
2016	71.95	(28.5 %)	1.42	44.22	27.74	0.55
2017	31.54	(56.2 %)	0.62	-	31.54	0.62
2018	17.67	(44.0 %)	0.35	-	17.67	0.35
2019	(17.55)	(199.3 %)	(0.35)	(17.77)	0.22	0.00
2020	(120.49)	(586.6 %)	(2.39)	(34.69)	(85.80)	(1.70)
2021	22.04	118.3 %	0.38	-	22.04	0.38
2022	34.16	55.0 %	0.59	-	34.16	0.59

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2014	-	-	-
Q2 2014	-	-	-
Q3 2014	-	-	-
Q4 2014	-	-	-
2014	11.09 %	5.17 %	3.18 %
Q1 2015	-	-	-
Q2 2015	-	-	-
Q3 2015	-	-	-
Q4 2015	12.06 %	5.66 %	3.57 %
2015	12.06 %	5.66 %	3.57 %
Q1 2016	12.49 %	5.81 %	4.00 %
Q2 2016	11.68 %	5.11 %	3.17 %
Q3 2016	12.60 %	5.99 %	3.70 %
Q4 2016	12.12 %	3.89 %	1.37 %
2016	12.12 %	3.89 %	1.37 %
Q1 2017	11.58 %	3.48 %	(0.07 %)
Q2 2017	13.29 %	4.43 %	0.76 %
Q3 2017	11.53 %	2.60 %	(1.01 %)
Q4 2017	12.41 %	4.87 %	1.80 %
2017	12.41 %	4.87 %	1.80 %
Q1 2018	12.44 %	4.33 %	1.09 %
Q2 2018	12.34 %	4.32 %	0.97 %
Q3 2018	12.55 %	4.42 %	1.10 %
Q4 2018	12.76 %	4.27 %	0.92 %
2018	12.76 %	4.27 %	0.92 %
Q1 2019	13.37 %	4.77 %	1.01 %
Q2 2019	14.09 %	5.50 %	1.33 %
Q3 2019	14.37 %	5.75 %	1.16 %
Q4 2019	14.56 %	5.53 %	0.01 %
2019	14.56 %	5.53 %	0.01 %
Q1 2020	15.01 %	5.26 %	(0.76 %)
Q2 2020	14.64 %	3.47 %	(4.11 %)
Q3 2020	14.58 %	2.76 %	(5.99 %)
Q4 2020	14.31 %	1.65 %	(6.71 %)
2020	14.31 %	1.65 %	(6.71 %)
Q1 2021	14.23 %	2.65 %	(5.34 %)
Q2 2021	14.88 %	4.35 %	(2.04 %)
Q3 2021	15.35 %	5.33 %	(0.43 %)
Q4 2021	15.61 %	6.44 %	1.12 %
2021	15.61 %	6.44 %	1.12 %
Q1 2022	15.84 %	6.34 %	1.26 %
Q2 2022	16.16 %	6.18 %	1.32 %
Q3 2022	16.05 %	6.09 %	1.35 %
Q4 2022	16.36 %	6.40 %	1.71 %
2022	16.36 %	6.40 %	1.71 %
Q1 2023	16.32 %	6.40 %	1.71 %
Q2 2023	15.71 %	6.33 %	1.59 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2013	9.26 %	4.43 %	2.53 %
2014	11.09 %	5.17 %	3.18 %
2015	12.06 %	5.66 %	3.57 %
2016	12.12 %	3.89 %	1.37 %
2017	12.41 %	4.87 %	1.80 %
2018	12.76 %	4.27 %	0.92 %
2019	14.56 %	5.53 %	0.01 %
2020	14.31 %	1.65 %	(6.71 %)
2021	15.61 %	6.44 %	1.12 %
2022	16.36 %	6.40 %	1.71 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2014	-	-	-
Q2 2014	-	-	-
Q3 2014	-	-	-
Q4 2014	-	-	-
Q1 2015	11.93 %	5.82 %	4.40 %
Q2 2015	11.48 %	4.97 %	2.94 %
Q3 2015	12.49 %	5.36 %	3.72 %
Q4 2015	12.67 %	7.00 %	2.69 %
Q1 2016	13.28 %	6.28 %	5.77 %
Q2 2016	7.33 %	1.41 %	(1.27 %)
Q3 2016	18.18 %	10.51 %	7.08 %
Q4 2016	7.28 %	(15.54 %)	(25.52 %)
Q1 2017	12.26 %	6.19 %	3.64 %
Q2 2017	12.54 %	4.41 %	1.56 %
Q3 2017	11.24 %	3.29 %	0.13 %
Q4 2017	13.91 %	4.95 %	0.78 %
Q1 2018	12.34 %	4.64 %	1.63 %
Q2 2018	12.15 %	4.35 %	1.05 %
Q3 2018	12.21 %	3.86 %	0.77 %
Q4 2018	14.64 %	4.17 %	0.02 %
Q1 2019	14.25 %	6.08 %	1.78 %
Q2 2019	15.14 %	7.30 %	2.28 %
Q3 2019	13.49 %	4.93 %	0.05 %
Q4 2019	16.08 %	1.90 %	(8.53 %)
Q1 2020	15.86 %	5.32 %	(0.36 %)
Q2 2020	12.35 %	(2.88 %)	(18.42 %)
Q3 2020	12.93 %	2.95 %	(5.07 %)
Q4 2020	14.87 %	(2.95 %)	(11.62 %)
Q1 2021	15.34 %	7.12 %	1.84 %
Q2 2021	15.88 %	6.70 %	1.68 %
Q3 2021	15.17 %	6.81 %	1.49 %
Q4 2021	16.22 %	4.79 %	(0.95 %)
Q1 2022	16.14 %	6.74 %	2.23 %
Q2 2022	17.38 %	5.95 %	2.01 %
Q3 2022	14.84 %	6.46 %	1.60 %
Q4 2022	17.82 %	6.27 %	0.71 %
Q1 2023	15.94 %	6.81 %	2.35 %
Q2 2023	14.82 %	5.74 %	1.51 %

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	-	-	-	9.57
Q1 2015	50.51	-	-	10.13
Q2 2015	50.51	-	-	9.73
Q3 2015	50.51	-	-	10.12
Q4 2015	50.51	1.99	1.99	9.72
Q1 2016	50.51	2.18	2.18	9.62
Q2 2016	50.51	1.60	1.60	9.48
Q3 2016	50.51	1.67	1.67	10.07
Q4 2016	50.51	1.42	0.55	7.97
Q1 2017	50.51	0.85	(0.03)	8.35
Q2 2017	50.51	1.12	0.24	8.03
Q3 2017	50.51	0.56	(0.32)	8.02
Q4 2017	50.51	0.62	0.62	8.05
Q1 2018	50.51	0.37	0.37	8.30
Q2 2018	50.51	0.34	0.34	8.37
Q3 2018	50.51	0.40	0.40	8.45
Q4 2018	50.51	0.35	0.35	8.44
Q1 2019	50.51	0.41	0.41	8.73
Q2 2019	50.51	0.55	0.55	9.04
Q3 2019	50.51	0.48	0.48	9.08
Q4 2019	50.51	(0.35)	0.00	8.28
Q1 2020	50.51	(0.62)	(0.26)	8.28
Q2 2020	50.51	(2.17)	(1.13)	6.88
Q3 2020	50.51	(2.54)	(1.51)	6.58
Q4 2020	50.51	(2.39)	(1.70)	5.89
Q1 2021	50.51	(2.15)	(1.47)	6.10
Q2 2021	57.50	(0.60)	(0.60)	7.88
Q3 2021	57.50	(0.14)	(0.14)	8.01
Q4 2021	57.50	0.38	0.38	7.90
Q1 2022	57.50	0.44	0.44	7.61
Q2 2022	57.50	0.45	0.45	7.42
Q3 2022	57.50	0.48	0.48	7.44
Q4 2022	57.50	0.59	0.59	6.77
Q1 2023	57.50	0.56	0.56	6.59
Q2 2023	57.50	0.54	0.54	6.41

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2013	50.51	1.47	1.47	9.23
2014	50.51	1.71	1.71	9.57
2015	50.51	1.99	1.99	9.72
2016	50.51	1.42	0.55	7.97
2017	50.51	0.62	0.62	8.05
2018	50.51	0.35	0.35	8.44
2019	50.51	(0.35)	0.00	8.28
2020	50.51	(2.39)	(1.70)	5.89
2021	57.50	0.38	0.38	7.90
2022	57.50	0.59	0.59	6.77

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	22.70	22.70	3.83
Q3 2016	12.15	12.15	2.02
Q4 2016	14.72	38.19	2.63
Q1 2017	28.62	NEG	2.91
Q2 2017	19.72	91.32	2.74
Q3 2017	38.64	NEG	2.69
Q4 2017	28.54	28.54	2.21
Q1 2018	46.62	46.62	2.07
Q2 2018	52.73	52.73	2.12
Q3 2018	40.46	40.46	1.92
Q4 2018	44.33	44.33	1.84
Q1 2019	38.83	38.83	1.81
Q2 2019	27.01	27.01	1.65
Q3 2019	31.64	31.64	1.69
Q4 2019	NEG	More than 100	1.99
Q1 2020	NEG	NEG	1.26
Q2 2020	NEG	NEG	1.77
Q3 2020	NEG	NEG	3.18
Q4 2020	NEG	NEG	3.33
Q1 2021	NEG	NEG	3.60
Q2 2021	NEG	NEG	3.34
Q3 2021	NEG	NEG	2.99
Q4 2021	53.53	53.53	2.60
Q1 2022	42.25	42.25	2.47
Q2 2022	32.75	32.75	2.00
Q3 2022	30.84	30.84	1.98
Q4 2022	20.77	20.77	1.82
Q1 2023	24.11	24.11	2.04
Q2 2023	27.61	27.61	2.31

Period	P/E	Adjusted P/E	Price/book
2013	-	-	-
2014	-	-	-
2015	-	-	-
2016	14.72	38.19	2.63
2017	28.54	28.54	2.21
2018	44.33	44.33	1.84
2019	NEG	More than 100	1.99
2020	NEG	NEG	3.33
2021	53.53	53.53	2.60
2022	20.77	20.77	1.82

Business Segments (Million)

Compared With The

Period	Wholesale sector	Retail sector
Q3 2014	607.97	15.45
Q4 2014	467.30	15.74
Q1 2015	914.24	23.44
Q2 2015	743.57	20.98
Q3 2015	649.49	21.63
Q4 2015	422.71	18.14
Q1 2016	857.85	25.70
Q2 2016	531.37	20.82
Q3 2016	390.73	15.60
Q4 2016	155.77	20.48
Q1 2017	573.29	31.40
Q2 2017	387.78	24.06
Q3 2017	374.26	25.65
Q4 2017	302.53	33.54
Q1 2018	516.41	38.22
Q2 2018	433.24	27.52
Q3 2018	450.60	30.53
Q4 2018	374.45	41.39
Q1 2019	613.94	59.59
Q2 2019	475.32	58.44
Q3 2019	438.25	47.98
Q4 2019	234.62	48.27
Q1 2020	398.12	46.87
Q2 2020	147.19	23.73
Q3 2020	320.61	50.24
Q4 2020	237.35	54.34
Q1 2021	493.70	57.70
Q2 2021	423.45	51.95
Q3 2021	468.44	58.17
Q4 2021	360.74	57.34
Q1 2022	555.60	58.92
Q2 2022	372.56	51.48
Q3 2022	514.95	58.99
Q4 2022	329.10	58.02
Q1 2023	442.85	53.48
Q2 2023	425.18	52.65

Period	Wholesale sector	Retail sector
2013	2,849.79	77.50
2014	2,643.76	73.19
2015	2,730.01	84.19
2016	1,935.71	82.59
2017	1,639.99	112.52
2018	1,774.71	137.66
2019	1,762.12	214.29
2020	1,103.26	175.18
2021	1,746.32	225.16
2022	1,772.22	227.41

Financial Ratios

	Current
Market Cap (M Riyal)	770.50
Enterprise Value (EV) (M)	2,026.85
Shares Outstanding ((M))	57.50
EPS ( Riyal) (TTM)	0.21
Book Value (BV) ( Riyal)	5.24
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	More than 100
P/E (TTM)	More than 100
Price/book	2.56
Return on Average Assets (%) (TTM)	0.7
Return on Average Equity (%) (TTM)	3.6

Lazurde Company for Jewelry (LAZURDE)

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Lazurde H1 2023 profit drops 15% to SAR 18.9 mln; Q2 at SAR 7.2 mln

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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) 2023 Q2

Financial Ratios

Share Price

Lazurde Company for Jewelry (LAZURDE)

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Lazurde H1 2023 profit drops 15% to SAR 18.9 mln; Q2 at SAR 7.2 mln

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 2023

Revenue by Business Segment (Latest) 2023 Q2

Financial Ratios

Share Price

Lazurde Company for Jewelry (LAZURDE)

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Business Segments (Million)