Al Kathiri turns to losses of SAR 2.1 mln in Q1 2022

Al Kathiri turns to losses of SAR 2.1 mln in Q1 2022

15/05/2022 Argaam Exclusive

View other reports

Al Kathiri Holding Co. reported a net loss after Zakat and tax of SAR 2.1 million in Q1 2022 against a net profit after Zakat and tax of SAR 4.2 million a year earlier. 



Current Quarter Comparison (M)

Compared With The
Item Q1 2021 Q1 2022 Change‬
Revenues 35.21 25.27 (28.2 %)
Gross Income 9.90 1.03 (89.6 %)
Operating Income 4.50 (1.60) (135.6 %)
Net Income 4.18 (2.06) (149.3 %)
Average Shares 226.04 226.04 -
EPS (Halala) 1.85 (0.91) (149.3 %)

The losses were driven by lower revenues, as well as higher revenue costs and depreciation.

 

Sequentially, losses narrowed from SAR 3.1 million in Q4 2021, thanks to better revenue from the company’s ready-mix concrete segment. 

 

Total shareholders’ equity, excluding minority interest, rose to SAR 131.71 million in Q1 2022, compared to SAR 129.70 million in the year-ago period.

View more financial results

 


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2013 - - - - - -
Q2 2013 - - - - - -
Q3 2013 - - - - - -
Q4 2013 - - - - - -
Q1 2014 - - - - - -
Q2 2014 - - - - - -
Q3 2014 - - - - - -
Q4 2014 - - - - - -
Q1 2015 - - - - - -
Q2 2015 - - - - - -
Q3 2015 - - - - - -
Q4 2015 - - - - - -
Q1 2016 - - - - - -
Q2 2016 - - - - - -
Q3 2016 - - - - - -
Q4 2016 - - - - - -
Q1 2017 2.03 - 0.22 - 0.10 -
Q2 2017 9.59 - 2.99 - 1.86 -
Q3 2017 14.44 - 5.53 - 4.09 -
Q4 2017 16.92 - 3.11 - 1.76 -
Q1 2018 13.80 580.6 % 4.08 1795.8 % 2.24 2143.0 %
Q2 2018 12.75 32.9 % 3.92 31.4 % 2.20 18.1 %
Q3 2018 13.67 (5.4 %) 5.49 (0.8 %) 3.48 (15.0 %)
Q4 2018 10.27 (39.3 %) 2.38 (23.5 %) 1.76 0.1 %
Q1 2019 26.10 89.2 % 7.80 91.3 % 4.54 102.4 %
Q2 2019 17.90 40.4 % 5.62 43.1 % 3.14 42.6 %
Q3 2019 18.02 31.8 % 6.68 21.6 % 4.20 20.9 %
Q4 2019 26.36 156.6 % 7.81 228.7 % 5.04 186.7 %
Q1 2020 25.57 (2.0 %) 7.48 (4.0 %) 4.06 (10.6 %)
Q2 2020 15.24 (14.9 %) 1.94 (65.4 %) (0.71) (122.6 %)
Q3 2020 26.55 47.4 % 5.76 (13.7 %) 2.55 (39.4 %)
Q4 2020 37.08 40.6 % 11.78 50.8 % 4.46 (11.5 %)
Q1 2021 35.21 37.7 % 9.90 32.3 % 4.50 10.7 %
Q2 2021 40.19 163.7 % 11.81 508.0 % 3.37 574.4 %
Q3 2021 41.48 56.2 % 11.37 97.3 % 5.44 113.5 %
Q4 2021 11.90 (67.9 %) 7.15 (39.3 %) 0.00 (100.0 %)
Q1 2022 25.27 (28.2 %) 1.03 (89.6 %) (1.60) (135.6 %)


Profit Performance (Million)

Period Net Income Change EPS(Halala) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
Q1 2013 - - - - - -
Q2 2013 - - - - - -
Q3 2013 - - - - - -
Q4 2013 - - - - - -
Q1 2014 - - - - - -
Q2 2014 - - - - - -
Q3 2014 - - - - - -
Q4 2014 - - - - - -
Q1 2015 - - - - - -
Q2 2015 - - - - - -
Q3 2015 - - - - - -
Q4 2015 - - - - - -
Q1 2016 - - - - - -
Q2 2016 - - - - - -
Q3 2016 - - - - - -
Q4 2016 - - - - - -
Q1 2017 0.09 - 0.04 - 0.09 0.00
Q2 2017 1.77 - 0.83 - 1.77 0.01
Q3 2017 3.27 - 1.53 (0.78) 4.05 0.02
Q4 2017 1.52 - 0.71 - 1.52 0.01
Q1 2018 2.27 2365.2 % 1.06 - 2.27 0.01
Q2 2018 2.27 28.2 % 1.06 - 2.27 0.01
Q3 2018 3.40 3.9 % 1.59 - 3.40 0.02
Q4 2018 1.37 (9.6 %) 0.64 - 1.37 0.01
Q1 2019 4.57 101.5 % 2.14 - 4.57 0.02
Q2 2019 3.01 32.7 % 1.41 - 3.01 0.01
Q3 2019 4.15 22.1 % 1.94 - 4.15 0.02
Q4 2019 4.29 212.4 % 2.01 - 4.29 0.02
Q1 2020 3.63 (20.6 %) 1.70 - 3.63 0.02
Q2 2020 (1.29) (143.0 %) (0.60) - (1.29) (0.01)
Q3 2020 2.64 (36.4 %) 1.23 - 2.64 0.01
Q4 2020 4.69 9.1 % 2.07 - 4.69 0.02
Q1 2021 4.18 15.1 % 1.85 - 4.18 0.02
Q2 2021 3.07 337.6 % 1.36 - 3.07 0.01
Q3 2021 4.49 70.2 % 1.99 - 4.49 0.02
Q4 2021 (3.07) (165.6 %) (1.36) (1.61) (1.47) (0.01)
Q1 2022 (2.06) (149.3 %) (0.91) - (2.06) (0.01)

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 - - -
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 27.55 % 23.34 % 17.28 %
Q1 2018 28.68 % 24.22 % 17.54 %
Q2 2018 28.73 % 24.51 % 17.45 %
Q3 2018 29.05 % 24.71 % 16.54 %
Q4 2018 31.43 % 28.84 % 18.43 %
Q1 2019 31.20 % 27.05 % 18.49 %
Q2 2019 31.32 % 26.38 % 18.18 %
Q3 2019 31.08 % 25.75 % 18.12 %
Q4 2019 31.57 % 24.95 % 18.12 %
Q1 2020 31.41 % 24.45 % 17.16 %
Q2 2020 28.07 % 20.81 % 12.65 %
Q3 2020 24.54 % 17.17 % 9.89 %
Q4 2020 25.82 % 14.90 % 9.25 %
Q1 2021 25.75 % 14.30 % 8.95 %
Q2 2021 28.23 % 15.10 % 10.48 %
Q3 2021 29.13 % 15.87 % 10.67 %
Q4 2021 31.23 % 16.25 % 7.98 %
Q1 2022 26.38 % 13.92 % 3.40 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Halala) Adjusted EPS (Halala) Book Value (BV)
Q1 2013 - - - -
Q2 2013 - - - -
Q3 2013 - - - -
Q4 2013 - - - -
Q1 2014 - - - -
Q2 2014 - - - -
Q3 2014 - - - -
Q4 2014 - - - -
Q1 2015 - - - -
Q2 2015 - - - -
Q3 2015 - - - -
Q4 2015 - - - -
Q1 2016 - - - -
Q2 2016 - - - -
Q3 2016 - - - -
Q4 2016 - - - -
Q1 2017 213.84 - - 0.13
Q2 2017 213.84 - - 0.16
Q3 2017 213.84 - - 0.21
Q4 2017 213.84 3.11 3.47 0.21
Q1 2018 213.84 4.13 4.49 0.23
Q2 2018 213.84 4.36 4.73 0.24
Q3 2018 213.84 4.42 4.42 0.25
Q4 2018 213.84 4.35 4.35 0.26
Q1 2019 213.84 5.43 5.43 0.28
Q2 2019 213.84 5.77 5.77 0.29
Q3 2019 213.84 6.13 6.13 0.31
Q4 2019 213.84 7.49 7.49 0.33
Q1 2020 213.84 7.05 7.05 0.35
Q2 2020 213.84 5.04 5.04 0.34
Q3 2020 213.84 4.33 4.33 0.36
Q4 2020 226.04 4.27 4.27 0.56
Q1 2021 226.04 4.52 4.52 0.57
Q2 2021 226.04 6.45 6.45 0.59
Q3 2021 226.04 7.27 7.27 0.61
Q4 2021 226.04 3.83 4.54 0.59
Q1 2022 226.04 1.07 1.79 0.58

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 - - -
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - 1.43
Q4 2017 10.94 9.79 1.58
Q1 2018 8.22 7.55 1.51
Q2 2018 9.60 8.86 1.77
Q3 2018 10.53 10.53 1.85
Q4 2018 25.14 25.14 4.24
Q1 2019 16.11 16.11 3.13
Q2 2019 23.32 23.32 4.59
Q3 2019 16.43 16.43 3.22
Q4 2019 39.36 39.36 8.85
Q1 2020 25.82 25.82 5.20
Q2 2020 40.34 40.34 5.91
Q3 2020 84.82 84.82 10.33
Q4 2020 79.43 79.43 6.11
Q1 2021 86.77 86.77 6.83
Q2 2021 65.00 65.00 7.14
Q3 2021 55.95 55.95 6.70
Q4 2021 91.16 76.90 5.91
Q1 2022 More than 100 More than 100 5.69

Business Segments (Million)

Compared With The
Period Concrete sales Cement sales Special projects Concrete wall sales others
Q1 2021 13.66 12.50 1.52 - 7.52
Q2 2021 15.04 11.65 - - 13.50
Q3 2021 19.93 13.39 0.51 - 7.65
Q1 2022 17.43 6.36 1.48 - -


Financial Ratios
Current
Market Cap (M Riyal) 603.53
Enterprise Value (EV) (M) 685.92
Shares Outstanding ((M)) 226.04
EPS (Halala) (TTM) (2.37)
Book Value (BV) ( Riyal) 0.59
Par Value ( Halala) 50.00
Adjusted P/E (Last12) Neg
P/E (TTM) NEG
Price/book 4.54
Return on Average Assets (%) (TTM) (1.79 )
Return on Average Equity (%) (TTM) (3.94 )
more

Share Price

Al Kathiri Holding Co.
2.67
0.02 0.75 %

Al Kathiri Holding Co. (ALKATHIRI)

More

Comments {{getCommentCount()}}

Be the first to comment

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

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.