Lazurde profit soars to SAR 28M in Q1 2024

16/05/2024 Argaam Exclusive

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Lazurde Company for Jewelry posted a net profit of SAR 28 million in Q1 2024, more than a two-fold increase from SAR 11.6 million in the year-earlier period.

Current Quarter Comparison (M)

Compared With The

Item	Q1 2023	Q1 2024	Change‬
Revenues	496.33	545.53	9.9 %
Gross Income	79.13	93.68	18.4 %
Operating Income	25.12	32.07	27.7 %
Net Income	11.65	27.98	140.2 %
Average Shares	57.50	57.50	-
EPS (Riyals)	0.20	0.49	140.2 %

Item	Q4 2023	Q1 2024	Change‬
Revenues	364.96	545.53	49.5 %
Gross Income	66.32	93.68	41.3 %
Operating Income	12.76	32.07	151.3 %
Net Income	(12.63)	27.98	321.6 %
Average Shares	57.50	57.50	-
EPS (Riyals)	(0.22)	0.49	321.6 %

Total revenues, including gold metal value, reached SAR 545.5 million, an increase of 10% year-on-year (YoY).

Operating revenues, which better represent the group's revenues after excluding gold metal value, rose 15.4% YoY to SAR 145.5 million.

In Saudi Arabia, wholesale operating revenues were 1.0% higher YoY due to strong sales of L’azurde gold in traditional gold souks. Retail operating revenues were 30.4% higher YoY on growth in like-for-like sales of the existing stores and extension of the stores network by opening seven new stores in top locations.

In Egypt, wholesale operating revenues grew by 14% YoY, driven by strong sales of L’azurde gold in traditional gold souks. Retail operating revenues rose by 22%, supported by growth in like-for-like sales of the existing stores and extension of the stores network by opening new stores in top locations.

On a sequential basis, the company turned profitable from a loss of SAR 12.63 million.

Shareholders’ equity, no minority interest, declined to SAR 320.6 million by March 31, 2024, from SAR 378.8 million in the year-earlier period.

View More Financial Results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
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 %
Q3 2023	577.00	0.5 %	82.82	(2.8 %)	25.71	(3.0 %)
Q4 2023	364.96	(5.7 %)	66.32	(3.9 %)	12.76	(9.7 %)
2023	1,916.96	(4.1 %)	299.91	(8.3 %)	83.12	(2.9 %)
Q1 2024	545.53	9.9 %	93.68	18.4 %	32.07	27.7 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
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 %
2023	1,916.96	(4.1 %)	299.91	(8.3 %)	83.12	(2.9 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
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
Q3 2023	24.58	167.3 %	0.43	10.10	14.48	0.25
Q4 2023	(12.63)	(560.0 %)	(0.22)	-	(12.63)	(0.22)
2023	30.83	(9.7 %)	0.54	10.10	20.73	0.36
Q1 2024	27.98	140.2 %	0.49	-	27.98	0.49

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
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
2023	30.83	(9.7 %)	0.54	10.10	20.73	0.36

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
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 %
Q3 2023	15.57 %	6.18 %	1.86 %
Q4 2023	15.61 %	6.07 %	1.08 %
2023	15.64 %	6.11 %	1.08 %
Q1 2024	15.96 %	6.23 %	1.89 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
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 %
2023	15.64 %	6.11 %	1.08 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
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 %
Q3 2023	14.35 %	5.95 %	2.51 %
Q4 2023	18.17 %	5.69 %	(3.46 %)
Q1 2024	17.17 %	7.31 %	5.13 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
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
Q3 2023	57.50	0.80	0.63	6.51
Q4 2023	57.50	0.54	0.36	6.27
Q1 2024	57.50	0.82	0.64	5.58

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
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
2023	57.50	0.54	0.36	6.27

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	-	-	-
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
Q3 2023	17.30	22.14	2.14
Q4 2023	26.48	39.38	2.27
Q1 2024	18.60	23.67	2.74

Period	P/E	Adjusted P/E	Price/book
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
2023	26.48	39.38	2.27

Business Segments (Million)

Compared With The

Period	Wholesale sector	Retail sector
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
Q3 2023	523.45	53.55
Q4 2023	305.37	59.59
Q1 2024	477.73	67.77

Period	Wholesale sector	Retail sector
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
2023	1,697.69	219.27

Financial Ratios

	Current
Market Cap (M Riyal)	773.95
Enterprise Value (EV) (M)	2,030.30
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	2.57
Return on Average Assets (%) (TTM)	0.7
Return on Average Equity (%) (TTM)	3.6

Lazurde Company for Jewelry (LAZURDE)

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Lazurde profit soars to SAR 28M in Q1 2024

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Current Quarter Comparison (M)

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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 Q1

Financial Ratios

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Lazurde Company for Jewelry (LAZURDE)

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Lazurde profit soars to SAR 28M in Q1 2024

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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) Q1 2024

Revenue by Business Segment (Latest) 2024 Q1

Financial Ratios

Share Price

Lazurde Company for Jewelry (LAZURDE)

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Business Segments (Million)