Aldrees net profit declines 5% to SAR 44.7 mln in H1 2020

21/07/2020 Argaam Exclusive

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Aldrees Petroleum and Transport Services Co. (Aldrees) reported a net profit after Zakat and tax of SAR 44.7 million for the first six months of 2020 ending June 30, a 5% year-on-year (YoY) decrease against a net profit of SAR 47.2 million in the same period last year.

Financials (M)

Item	6m 2019	6m 2020	Change‬
Revenues	2,626.25	2,177.09	(17.1 %)
Gross Income	131.51	130.75	(0.6 %)
Operating Income	69.61	59.02	(15.2 %)
Net Income	47.16	44.67	(5.3 %)
Average Shares	100.00	100.00	-
EPS (Riyals)	0.47	0.45	(5.3 %)

The company attributed the decline to lower sales in the transport and petrol divisions. Sales between mid-March to end-June were affected due to the coronavirus precautionary measures, low prices of petrol, unrealized losses from revaluation of investment at fair value through profit and loss, and higher general & administrative (G&A) expenses.

This is despite higher other income, higher joint venture profit, and lower marketing, financial and Zakat expenses, the company said.

Current Quarter Comparison (M)

Compared With The

Item	Q2 2019	Q2 2020	Change‬
Revenues	1,326.46	719.28	(45.8 %)
Gross Income	63.87	46.03	(27.9 %)
Operating Income	32.96	7.38	(77.6 %)
Net Income	17.27	14.38	(16.7 %)
Average Shares	100.00	100.00	-
EPS (Riyals)	0.17	0.14	(16.7 %)

Item	Q1 2020	Q2 2020	Change‬
Revenues	1,457.81	719.28	(50.7 %)
Gross Income	84.72	46.03	(45.7 %)
Operating Income	51.65	7.38	(85.7 %)
Net Income	30.29	14.38	(52.5 %)
Average Shares	100.00	100.00	-
EPS (Riyals)	0.30	0.14	(52.5 %)

For the current quarter, the company reported a net profit after Zakat and tax of SAR 14.4 million, down 17% YoY, due to lower petrol division sales, coronavirus precautionary measures in Q2, lower petrol prices, unrealized losses from revaluation of investment at fair value through profit and loss, and higher G&A and Zakat expenses.

On a sequential basis, net profit after Zakat and tax declined 52.4%.

The company also said that as of June 1, 2020, IFRS 16 was amended to provide a practical expedient for lessees accounting for rent concessions that occur as a result of the COVID-19 pandemic.

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2011	395.84	15.6 %	37.80	5.0 %	23.06	4.7 %
Q2 2011	430.42	13.9 %	43.06	(2.5 %)	26.63	(8.4 %)
Q3 2011	423.92	13.7 %	40.76	7.2 %	24.45	4.6 %
Q4 2011	444.00	14.7 %	42.65	21.7 %	25.76	31.5 %
2011	1,694.18	14.4 %	164.26	7.2 %	99.89	6.2 %
Q1 2012	452.68	14.4 %	41.13	8.8 %	24.89	8.0 %
Q2 2012	473.74	10.1 %	45.27	5.1 %	29.20	9.7 %
Q3 2012	462.24	9.0 %	41.11	0.9 %	24.78	1.3 %
Q4 2012	484.92	9.2 %	43.99	3.1 %	26.06	1.2 %
2012	1,873.57	10.6 %	171.50	4.4 %	104.93	5.0 %
Q1 2013	490.06	8.3 %	44.86	9.1 %	25.78	3.6 %
Q2 2013	503.26	6.2 %	47.79	5.6 %	28.42	(2.7 %)
Q3 2013	486.18	5.2 %	46.17	12.3 %	25.75	3.9 %
Q4 2013	503.18	3.8 %	48.83	11.0 %	29.34	12.6 %
2013	1,982.68	5.8 %	187.65	9.4 %	109.28	4.1 %
Q1 2014	518.59	5.8 %	55.62	24.0 %	32.60	26.5 %
Q2 2014	550.68	9.4 %	62.52	30.8 %	39.27	38.2 %
Q3 2014	531.96	9.4 %	54.83	18.8 %	31.95	24.1 %
Q4 2014	543.09	7.9 %	54.14	10.9 %	34.51	17.6 %
2014	2,144.32	8.2 %	227.11	21.0 %	138.33	26.6 %
Q1 2015	563.95	8.7 %	65.65	18.0 %	39.40	20.8 %
Q2 2015	580.01	5.3 %	64.86	3.8 %	39.99	1.8 %
Q3 2015	566.53	6.5 %	56.33	2.7 %	31.69	(0.8 %)
Q4 2015	592.50	9.1 %	65.00	20.1 %	35.73	3.5 %
2015	2,302.99	7.4 %	251.84	10.9 %	146.81	6.1 %
Q1 2016	843.73	49.6 %	57.62	(12.2 %)	31.24	(20.7 %)
Q2 2016	896.65	54.6 %	58.57	(9.7 %)	31.97	(20.0 %)
Q3 2016	851.65	50.3 %	48.12	(14.6 %)	23.36	(26.3 %)
Q4 2016	869.33	46.7 %	43.08	(33.7 %)	17.89	(49.9 %)
2016	3,461.35	50.3 %	207.39	(17.7 %)	104.47	(28.8 %)
Q1 2017	840.39	(0.4 %)	42.50	(26.2 %)	17.46	(44.1 %)
Q2 2017	856.87	(4.4 %)	48.25	(17.6 %)	21.92	(31.4 %)
Q3 2017	826.87	(2.9 %)	46.50	(3.4 %)	23.06	(1.3 %)
Q4 2017	885.47	1.9 %	45.58	5.8 %	18.83	5.2 %
2017	3,409.60	(1.5 %)	182.84	(11.8 %)	81.27	(22.2 %)
Q1 2018	1,285.18	52.9 %	69.15	62.7 %	40.43	131.6 %
Q2 2018	1,290.31	50.6 %	62.88	30.3 %	36.17	65.0 %
Q3 2018	1,288.49	55.8 %	60.65	30.4 %	36.55	58.5 %
Q4 2018	1,312.61	48.2 %	60.30	32.3 %	33.92	80.1 %
2018	5,176.59	51.8 %	252.97	38.4 %	147.07	81.0 %
Q1 2019	1,299.80	1.1 %	67.64	(2.2 %)	36.65	(9.4 %)
Q2 2019	1,326.46	2.8 %	63.87	1.6 %	32.96	(8.9 %)
Q3 2019	1,472.74	14.3 %	66.04	8.9 %	34.59	(5.4 %)
Q4 2019	1,582.14	20.5 %	264.05	337.9 %	209.64	518.1 %
2019	5,681.13	9.7 %	461.60	82.5 %	313.84	113.4 %
Q1 2020	1,457.81	12.2 %	84.72	25.3 %	51.65	40.9 %
Q2 2020	719.28	(45.8 %)	46.03	(27.9 %)	7.38	(77.6 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2010	1,480.39	13.0 %	153.21	13.5 %	94.06	18.2 %
2011	1,694.18	14.4 %	164.26	7.2 %	99.89	6.2 %
2012	1,873.57	10.6 %	171.50	4.4 %	104.93	5.0 %
2013	1,982.68	5.8 %	187.65	9.4 %	109.28	4.1 %
2014	2,144.32	8.2 %	227.11	21.0 %	138.33	26.6 %
2015	2,302.99	7.4 %	251.84	10.9 %	146.81	6.1 %
2016	3,461.35	50.3 %	207.39	(17.7 %)	104.47	(28.8 %)
2017	3,409.60	(1.5 %)	182.84	(11.8 %)	81.27	(22.2 %)
2018	5,176.59	51.8 %	252.97	38.4 %	147.07	81.0 %
2019	5,681.13	9.7 %	461.60	82.5 %	313.84	113.4 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2011	22.01	10.8 %	0.22	-	22.01	0.22
Q2 2011	24.56	(8.0 %)	0.25	-	24.56	0.25
Q3 2011	22.03	4.9 %	0.22	-	22.03	0.22
Q4 2011	23.57	27.6 %	0.24	-	23.57	0.24
2011	92.17	7.1 %	0.92	-	92.17	0.92
Q1 2012	22.77	3.5 %	0.23	-	22.77	0.23
Q2 2012	26.43	7.6 %	0.26	-	26.43	0.26
Q3 2012	22.64	2.8 %	0.23	-	22.64	0.23
Q4 2012	23.71	0.6 %	0.24	-	23.71	0.24
2012	95.55	3.7 %	0.96	-	95.55	0.96
Q1 2013	23.56	3.5 %	0.24	-	23.56	0.24
Q2 2013	27.40	3.6 %	0.27	-	27.40	0.27
Q3 2013	24.34	7.6 %	0.24	-	24.34	0.24
Q4 2013	26.40	11.3 %	0.26	-	26.40	0.26
2013	101.69	6.4 %	1.02	-	101.69	1.02
Q1 2014	30.51	29.5 %	0.31	-	30.51	0.31
Q2 2014	35.36	29.1 %	0.35	-	35.36	0.35
Q3 2014	26.56	9.1 %	0.27	-	26.56	0.27
Q4 2014	31.29	18.5 %	0.31	-	31.29	0.31
2014	123.73	21.7 %	1.24	-	123.73	1.24
Q1 2015	41.99	37.6 %	0.42	6.30	35.69	0.36
Q2 2015	36.77	4.0 %	0.37	-	36.77	0.37
Q3 2015	32.31	21.7 %	0.32	3.86	28.46	0.28
Q4 2015	32.96	5.3 %	0.33	0.78	32.18	0.32
2015	144.04	16.4 %	1.44	10.94	133.10	1.33
Q1 2016	27.78	(33.8 %)	0.28	-	27.78	0.28
Q2 2016	28.51	(22.5 %)	0.29	-	28.51	0.29
Q3 2016	18.05	(44.1 %)	0.18	-	18.05	0.18
Q4 2016	16.68	(49.4 %)	0.17	-	16.68	0.17
2016	91.02	(36.8 %)	0.91	-	91.02	0.91
Q1 2017	14.58	(47.5 %)	0.15	-	14.58	0.15
Q2 2017	18.26	(35.9 %)	0.18	-	18.26	0.18
Q3 2017	18.22	0.9 %	0.18	-	18.22	0.18
Q4 2017	13.59	(18.6 %)	0.14	-	13.59	0.14
2017	64.65	(29.0 %)	0.65	-	64.65	0.65
Q1 2018	22.09	51.5 %	0.22	-	22.09	0.22
Q2 2018	15.12	(17.2 %)	0.15	-	15.12	0.15
Q3 2018	16.01	(12.1 %)	0.16	-	16.01	0.16
Q4 2018	13.38	(1.5 %)	0.13	-	13.38	0.13
2018	66.61	3.0 %	0.67	-	66.61	0.67
Q1 2019	29.89	35.3 %	0.30	12.92	16.97	0.17
Q2 2019	17.27	14.2 %	0.17	-	17.27	0.17
Q3 2019	16.55	3.4 %	0.17	-	16.55	0.17
Q4 2019	228.03	1603.9 %	2.28	50.71	177.32	1.77
2019	291.74	338.0 %	2.92	63.64	228.11	2.28
Q1 2020	30.29	1.3 %	0.30	-	30.29	0.30
Q2 2020	14.38	(16.7 %)	0.14	17.41	(3.02)	(0.03)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2010	86.02	24.9 %	0.86	(0.62)	86.64	0.87
2011	92.17	7.1 %	0.92	-	92.17	0.92
2012	95.55	3.7 %	0.96	-	95.55	0.96
2013	101.69	6.4 %	1.02	-	101.69	1.02
2014	123.73	21.7 %	1.24	-	123.73	1.24
2015	144.04	16.4 %	1.44	10.94	133.10	1.33
2016	91.02	(36.8 %)	0.91	-	91.02	0.91
2017	64.65	(29.0 %)	0.65	-	64.65	0.65
2018	66.61	3.0 %	0.67	-	66.61	0.67
2019	291.74	338.0 %	2.92	63.64	228.11	2.28

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2011	10.11 %	9.31 %	5.79 %
Q2 2011	9.70 %	9.01 %	5.46 %
Q3 2011	9.57 %	8.90 %	5.36 %
Q4 2011	9.70 %	9.06 %	5.44 %
2011	9.70 %	9.06 %	5.44 %
Q1 2012	9.57 %	8.96 %	5.31 %
Q2 2012	9.46 %	8.95 %	5.28 %
Q3 2012	9.28 %	8.85 %	5.21 %
Q4 2012	9.15 %	8.75 %	5.10 %
2012	9.15 %	8.75 %	5.10 %
Q1 2013	9.17 %	8.68 %	5.04 %
Q2 2013	9.16 %	8.56 %	5.01 %
Q3 2013	9.31 %	8.55 %	5.04 %
Q4 2013	9.46 %	8.67 %	5.13 %
2013	9.46 %	8.67 %	5.13 %
Q1 2014	9.87 %	8.94 %	5.40 %
Q2 2014	10.35 %	9.29 %	5.66 %
Q3 2014	10.54 %	9.41 %	5.65 %
Q4 2014	10.59 %	9.49 %	5.77 %
2014	10.59 %	9.49 %	5.77 %
Q1 2015	10.83 %	9.61 %	5.89 %
Q2 2015	10.79 %	9.55 %	5.87 %
Q3 2015	10.69 %	9.20 %	5.87 %
Q4 2015	10.94 %	9.35 %	5.78 %
2015	10.94 %	9.35 %	5.78 %
Q1 2016	9.44 %	8.08 %	4.85 %
Q2 2016	8.19 %	6.97 %	4.03 %
Q3 2016	7.20 %	6.30 %	3.34 %
Q4 2016	5.99 %	5.16 %	2.63 %
2016	5.99 %	5.16 %	2.63 %
Q1 2017	5.56 %	4.83 %	2.25 %
Q2 2017	5.32 %	4.67 %	1.98 %
Q3 2017	5.31 %	4.78 %	2.00 %
Q4 2017	5.36 %	4.88 %	1.90 %
2017	5.36 %	4.88 %	1.90 %
Q1 2018	5.43 %	6.37 %	1.87 %
Q2 2018	5.23 %	7.29 %	1.61 %
Q3 2018	5.02 %	7.98 %	1.41 %
Q4 2018	4.89 %	8.71 %	1.29 %
2018	4.89 %	8.71 %	1.29 %
Q1 2019	4.84 %	8.50 %	1.18 %
Q2 2019	4.83 %	8.37 %	1.22 %
Q3 2019	4.76 %	8.04 %	1.19 %
Q4 2019	8.13 %	10.90 %	4.02 %
2019	8.13 %	10.90 %	4.02 %
Q1 2020	8.20 %	10.97 %	4.13 %
Q2 2020	8.81 %	11.27 %	4.23 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2010	10.35 %	9.44 %	5.85 %
2011	9.70 %	9.06 %	5.44 %
2012	9.15 %	8.75 %	5.10 %
2013	9.46 %	8.67 %	5.13 %
2014	10.59 %	9.49 %	5.77 %
2015	10.94 %	9.35 %	5.78 %
2016	5.99 %	5.16 %	2.63 %
2017	5.36 %	4.88 %	1.90 %
2018	4.89 %	8.71 %	1.29 %
2019	8.13 %	10.90 %	4.02 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2011	9.55 %	9.03 %	5.56 %
Q2 2011	10.00 %	9.33 %	5.71 %
Q3 2011	9.61 %	8.96 %	5.20 %
Q4 2011	9.60 %	8.94 %	5.31 %
Q1 2012	9.09 %	8.64 %	5.03 %
Q2 2012	9.56 %	9.24 %	5.58 %
Q3 2012	8.89 %	8.58 %	4.90 %
Q4 2012	9.07 %	8.52 %	4.89 %
Q1 2013	9.15 %	8.39 %	4.81 %
Q2 2013	9.50 %	8.74 %	5.44 %
Q3 2013	9.50 %	8.53 %	5.01 %
Q4 2013	9.70 %	9.00 %	5.25 %
Q1 2014	10.73 %	9.45 %	5.88 %
Q2 2014	11.35 %	10.09 %	6.42 %
Q3 2014	10.31 %	9.05 %	4.99 %
Q4 2014	9.97 %	9.35 %	5.76 %
Q1 2015	11.64 %	9.93 %	6.33 %
Q2 2015	11.18 %	9.82 %	6.34 %
Q3 2015	9.94 %	7.69 %	5.02 %
Q4 2015	10.97 %	9.93 %	5.43 %
Q1 2016	6.83 %	5.85 %	3.29 %
Q2 2016	6.53 %	5.62 %	3.18 %
Q3 2016	5.65 %	4.94 %	2.12 %
Q4 2016	4.96 %	4.25 %	1.92 %
Q1 2017	5.06 %	4.45 %	1.74 %
Q2 2017	5.63 %	5.04 %	2.13 %
Q3 2017	5.62 %	5.41 %	2.20 %
Q4 2017	5.15 %	4.63 %	1.53 %
Q1 2018	5.38 %	9.07 %	1.72 %
Q2 2018	4.87 %	8.56 %	1.17 %
Q3 2018	4.71 %	8.62 %	1.24 %
Q4 2018	4.59 %	8.61 %	1.02 %
Q1 2019	5.20 %	8.24 %	1.31 %
Q2 2019	4.81 %	8.04 %	1.30 %
Q3 2019	4.48 %	7.36 %	1.12 %
Q4 2019	16.69 %	18.78 %	11.21 %
Q1 2020	5.81 %	8.82 %	2.08 %
Q2 2020	6.40 %	7.71 %	(0.42 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2011	100.00	0.88	0.89	3.64
Q2 2011	100.00	0.86	0.87	3.88
Q3 2011	100.00	0.87	0.88	4.10
Q4 2011	100.00	0.92	0.92	4.34
Q1 2012	100.00	0.93	0.93	4.05
Q2 2012	100.00	0.95	0.95	4.32
Q3 2012	100.00	0.95	0.95	4.54
Q4 2012	100.00	0.96	0.96	4.78
Q1 2013	100.00	0.96	0.96	4.40
Q2 2013	100.00	0.97	0.97	4.67
Q3 2013	100.00	0.99	0.99	4.92
Q4 2013	100.00	1.02	1.02	5.18
Q1 2014	100.00	1.09	1.09	4.87
Q2 2014	100.00	1.17	1.17	5.23
Q3 2014	100.00	1.19	1.19	5.49
Q4 2014	100.00	1.24	1.24	5.80
Q1 2015	100.00	1.35	1.29	5.41
Q2 2015	100.00	1.37	1.30	5.78
Q3 2015	100.00	1.42	1.32	6.10
Q4 2015	100.00	1.44	1.33	6.43
Q1 2016	100.00	1.30	1.25	5.72
Q2 2016	100.00	1.22	1.17	6.19
Q3 2016	100.00	1.07	1.07	6.37
Q4 2016	100.00	0.91	0.91	6.34
Q1 2017	100.00	0.78	0.78	6.07
Q2 2017	100.00	0.68	0.68	6.25
Q3 2017	100.00	0.68	0.68	6.43
Q4 2017	100.00	0.65	0.65	6.56
Q1 2018	100.00	0.72	0.72	6.29
Q2 2018	100.00	0.69	0.69	6.47
Q3 2018	100.00	0.67	0.67	6.66
Q4 2018	100.00	0.67	0.67	6.43
Q1 2019	100.00	0.74	0.61	6.36
Q2 2019	100.00	0.77	0.64	6.54
Q3 2019	100.00	0.77	0.64	6.70
Q4 2019	100.00	2.92	2.28	8.75
Q1 2020	100.00	2.92	2.41	9.05
Q2 2020	100.00	2.89	2.21	8.26

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2010	100.00	0.86	0.87	3.93
2011	100.00	0.92	0.92	4.34
2012	100.00	0.96	0.96	4.78
2013	100.00	1.02	1.02	5.18
2014	100.00	1.24	1.24	5.80
2015	100.00	1.44	1.33	6.43
2016	100.00	0.91	0.91	6.34
2017	100.00	0.65	0.65	6.56
2018	100.00	0.67	0.67	6.43
2019	100.00	2.92	2.28	8.75

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2011	12.20	12.11	2.96
Q2 2011	13.28	13.19	2.94
Q3 2011	12.26	12.18	2.60
Q4 2011	11.94	11.94	2.54
Q1 2012	13.34	13.34	3.06
Q2 2012	10.48	10.48	2.30
Q3 2012	11.51	11.51	2.42
Q4 2012	10.87	10.87	2.17
Q1 2013	10.59	10.59	2.32
Q2 2013	11.44	11.44	2.38
Q3 2013	13.79	13.79	2.78
Q4 2013	13.28	13.28	2.61
Q1 2014	14.58	14.58	3.25
Q2 2014	17.10	17.10	3.82
Q3 2014	19.86	19.86	4.30
Q4 2014	16.57	16.57	3.53
Q1 2015	17.76	18.63	4.44
Q2 2015	19.92	20.88	4.71
Q3 2015	14.89	16.03	3.47
Q4 2015	11.99	12.98	2.69
Q1 2016	11.30	11.72	2.56
Q2 2016	11.25	11.69	2.21
Q3 2016	11.17	11.25	1.88
Q4 2016	17.11	17.11	2.46
Q1 2017	17.75	17.75	2.28
Q2 2017	17.87	17.87	1.93
Q3 2017	20.53	20.53	2.16
Q4 2017	21.34	21.34	2.10
Q1 2018	18.56	18.56	2.13
Q2 2018	20.29	20.29	2.16
Q3 2018	21.27	21.27	2.13
Q4 2018	27.78	27.78	2.88
Q1 2019	22.23	26.90	2.60
Q2 2019	26.93	32.40	3.15
Q3 2019	37.22	44.71	4.28
Q4 2019	12.86	16.45	4.29
Q1 2020	11.51	13.92	3.71
Q2 2020	13.05	17.07	4.57

Period	P/E	Adjusted P/E	Price/book
2010	13.90	13.80	3.04
2011	11.94	11.94	2.54
2012	10.87	10.87	2.17
2013	13.28	13.28	2.61
2014	16.57	16.57	3.53
2015	11.99	12.98	2.69
2016	17.11	17.11	2.46
2017	21.34	21.34	2.10
2018	27.78	27.78	2.88
2019	12.86	16.45	4.29

Business Segments (Million)

Compared With The

Period	Oil services sector	Transport Service	elimination	Super Sector 2
Q1 2011	363.56	40.81	(9.58)	1.05
Q2 2011	395.08	45.07	(10.78)	1.06
Q3 2011	384.14	49.80	(10.85)	0.83
Q4 2011	402.26	52.53	(11.78)	0.99
Q1 2012	415.89	48.60	(11.81)	-
Q2 2012	432.76	53.41	(12.43)	-
Q3 2012	422.65	52.04	(12.45)	-
Q4 2012	446.47	51.46	(13.01)	-
Q1 2013	446.50	57.18	(13.62)	-
Q2 2013	457.78	59.76	(14.28)	-
Q3 2013	439.61	60.55	(13.98)	-
Q4 2013	458.09	58.93	(13.84)	-
Q1 2014	461.66	70.51	(13.58)	-
Q2 2014	490.43	75.51	(15.25)	-
Q3 2014	477.58	70.09	(15.71)	-
Q4 2014	488.27	72.08	(17.25)	-
Q1 2015	501.71	78.56	(16.32)	-
Q2 2015	521.51	75.81	(17.31)	-
Q3 2015	516.71	66.69	(16.86)	-
Q4 2015	538.90	70.07	(16.47)	-
Q1 2016	794.80	69.50	(20.57)	-
Q2 2016	850.61	68.12	(22.09)	-
Q3 2016	815.13	56.04	(19.52)	-
Q4 2016	831.65	56.88	(19.20)	-
Q1 2017	807.00	51.91	(18.51)	-
Q2 2017	818.12	58.52	(19.78)	-
Q3 2017	782.34	63.22	(18.68)	-
Q4 2017	843.19	62.51	(20.23)	-
Q1 2018	1,236.02	69.53	(20.38)	-
Q2 2018	1,240.39	70.66	(20.74)	-
Q3 2018	1,235.89	71.60	(19.00)	-
Q4 2018	1,247.46	85.15	(20.00)	-
Q1 2019	1,226.32	92.00	(18.52)	-
Q2 2019	1,258.96	87.18	(19.69)	-
Q3 2019	1,407.07	85.88	(20.20)	-
Q4 2019	1,510.62	93.71	(22.19)	-
Q1 2020	1,406.89	73.61	(22.69)	-
Q2 2020	666.76	69.79	(17.27)	-

Period	Oil services sector	Transport Service	elimination	Super Sector 2
2010	1,302.02	175.09	-	3.28
2011	1,545.04	188.22	(43.00)	3.92
2012	1,717.77	205.51	(49.71)	-
2013	1,801.98	236.42	(55.72)	-
2014	1,917.93	288.18	(61.79)	-
2015	2,078.82	291.13	(66.96)	-
2016	3,292.18	250.55	(81.38)	-
2017	3,250.64	236.15	(77.20)	-
2018	4,959.76	296.94	(80.12)	-
2019	5,402.97	358.76	(80.60)	-

Financial Ratios

	Current
Market Cap (M Riyal)	12,360.00
Enterprise Value (EV) (M)	12,287.85
Shares Outstanding ((M))	100.00
EPS ( Riyal) (TTM)	3.17
Book Value (BV) ( Riyal)	13.90
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	39.45
P/E (TTM)	38.99
Price/book	8.89
Return on Average Assets (%) (TTM)	4.1
Return on Average Equity (%) (TTM)	24.8

Aldrees Petroleum and Transport Services Co. (ALDREES)

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Aldrees net profit declines 5% to SAR 44.7 mln in H1 2020

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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) 2020 Q2

Financial Ratios

Share Price

Aldrees Petroleum and Transport Services Co. (ALDREES)

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Aldrees net profit declines 5% to SAR 44.7 mln in H1 2020

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 2020

Revenue by Business Segment (Latest) 2020 Q2

Financial Ratios

Share Price

Aldrees Petroleum and Transport Services Co. (ALDREES)

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Business Segments (Million)