Wafrah turns to SAR 14.2 mln profit in 9M 2022; Q3 at SAR 3 mln

03/11/2022 Argaam Exclusive

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Wafrah for Industry and Development Co. turned to a net profit after Zakat and tax of SAR 14.2 million for the first nine months of 2022, against a net loss of SAR 4.5 million in the corresponding period last year. The company cited an 83.04% leap year-on-year (YoY) in sales amid higher average selling prices. It also reported a decrease in sales and marketing expenses, despite higher finance costs and lower other revenues.

Financials (M)

Item	9m 2021	9m 2022	Change‬
Revenues	52.69	96.44	83.0 %
Gross Income	10.68	35.60	233.3 %
Operating Income	(6.17)	15.26	347.4 %
Net Income	(4.52)	14.19	414.1 %
Average Shares	19.70	23.15	17.5 %
EPS (Riyals)	(0.23)	0.61	367.3 %

In Q3 2022, the company swung to a net profit after Zakat and tax of SAR 3 million, versus a net loss of SAR 1.73 million in Q3 2021, thanks to an 80.85% YoY jump in sales amid higher average selling prices and gross profit.

Compared to the previous quarter, Q3 net profit dropped 40% from SAR 5.02 million, as sales declined 12.47%, while general and administrative (G&A) expenses increased.

Current Quarter Comparison (M)

Compared With The

Item	Q3 2021	Q3 2022	Change‬
Revenues	15.97	28.88	80.9 %
Gross Income	1.34	9.56	615.0 %
Operating Income	(3.04)	2.99	198.4 %
Net Income	(1.73)	3.02	274.2 %
Average Shares	19.70	23.15	17.5 %
EPS (Riyals)	(0.09)	0.13	248.2 %

Item	Q2 2022	Q3 2022	Change‬
Revenues	33.00	28.88	(12.5 %)
Gross Income	12.90	9.56	(25.9 %)
Operating Income	5.53	2.99	(45.9 %)
Net Income	5.02	3.02	(39.9 %)
Average Shares	19.70	23.15	17.5 %
EPS (Riyals)	0.26	0.13	(48.9 %)

Shareholders’ equity, after minority interest, rose to SAR 216.22 million as of Sept. 30, 2022, from SAR 57.89 million in the year-ago period.

Accumulated losses reached SAR 14.485 million by the end of September 2022, accounting for 6.26% of the company’s capital.

View more financial results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2013	21.36	21.2 %	7.04	34.6 %	1.69	96.6 %
Q2 2013	25.56	2.2 %	8.48	(7.8 %)	3.24	(22.7 %)
Q3 2013	20.34	(2.9 %)	6.64	(4.0 %)	1.68	(23.5 %)
Q4 2013	18.89	14.6 %	5.99	13.3 %	1.31	107.4 %
2013	86.16	7.6 %	28.16	5.7 %	7.93	0.5 %
Q1 2014	22.09	3.4 %	8.15	15.8 %	1.58	(6.8 %)
Q2 2014	26.71	4.5 %	9.61	13.3 %	2.40	(26.0 %)
Q3 2014	20.51	0.8 %	4.88	(26.4 %)	(1.26)	(175.0 %)
Q4 2014	17.52	(7.3 %)	3.22	(46.3 %)	(4.92)	(474.6 %)
2014	86.82	0.8 %	25.77	(8.5 %)	(2.60)	(132.9 %)
Q1 2015	15.06	(31.8 %)	3.94	(51.6 %)	(3.42)	(316.9 %)
Q2 2015	28.82	7.9 %	7.96	(17.2 %)	0.81	(66.2 %)
Q3 2015	14.79	(27.9 %)	2.56	(47.6 %)	(4.93)	(292.2 %)
Q4 2015	29.37	67.6 %	10.39	223.1 %	3.00	161.0 %
2015	88.03	1.4 %	24.95	(3.2 %)	(4.45)	(70.7 %)
Q1 2016	28.07	86.4 %	7.85	99.2 %	0.42	112.3 %
Q2 2016	22.23	(22.9 %)	7.82	(1.7 %)	1.05	28.7 %
Q3 2016	13.31	(10.0 %)	(1.45)	(156.6 %)	(9.16)	(85.6 %)
Q4 2016	17.95	(38.9 %)	1.53	(85.2 %)	(5.30)	(276.7 %)
2016	81.56	(7.4 %)	15.76	(36.8 %)	(12.99)	(192.1 %)
Q1 2017	15.67	(44.2 %)	1.23	(84.4 %)	(4.75)	(1224.9 %)
Q2 2017	21.29	(4.2 %)	5.49	(29.8 %)	(0.54)	(152.0 %)
Q3 2017	12.37	(7.0 %)	(1.74)	(20.2 %)	(8.01)	12.5 %
Q4 2017	11.51	(35.9 %)	(19.31)	(1358.8 %)	(27.71)	(423.0 %)
2017	60.83	(25.4 %)	(14.33)	(190.9 %)	(41.01)	(215.8 %)
Q1 2018	24.01	53.3 %	6.83	456.8 %	(0.29)	93.9 %
Q2 2018	24.10	13.2 %	8.42	53.2 %	1.89	448.4 %
Q3 2018	13.42	8.5 %	(1.68)	3.7 %	(9.08)	(13.3 %)
Q4 2018	18.60	61.6 %	(0.39)	98.0 %	(5.56)	80.0 %
2018	80.13	31.7 %	13.18	192.0 %	(13.53)	67.0 %
Q1 2019	26.24	9.3 %	7.48	9.5 %	0.82	384.7 %
Q2 2019	24.04	(0.2 %)	7.38	(12.3 %)	0.58	(69.6 %)
Q3 2019	21.27	58.5 %	4.46	366.1 %	(1.79)	80.3 %
Q4 2019	11.27	(39.4 %)	(2.56)	(552.8 %)	(10.09)	(81.6 %)
2019	82.82	3.4 %	16.76	27.2 %	(10.48)	22.5 %
Q1 2020	22.07	(15.9 %)	8.25	10.4 %	1.46	78.0 %
Q2 2020	17.12	(28.8 %)	5.29	(28.3 %)	(0.78)	(234.5 %)
Q3 2020	22.96	7.9 %	4.26	(4.6 %)	(2.94)	(64.5 %)
Q4 2020	21.63	92.0 %	1.62	163.1 %	(7.60)	24.7 %
2020	83.78	1.2 %	19.41	15.8 %	(9.85)	6.0 %
Q1 2021	21.57	(2.2 %)	6.10	(26.1 %)	(0.36)	(124.5 %)
Q2 2021	15.15	(11.5 %)	3.24	(38.7 %)	(2.77)	(257.4 %)
Q3 2021	15.97	(30.4 %)	1.34	(68.6 %)	(3.04)	(3.4 %)
Q4 2021	12.28	(43.2 %)	0.81	(49.8 %)	(5.72)	24.7 %
2021	64.97	(22.5 %)	11.49	(40.8 %)	(11.88)	(20.6 %)
Q1 2022	34.56	60.2 %	13.14	115.4 %	6.74	1987.8 %
Q2 2022	33.00	117.8 %	12.90	297.7 %	5.53	299.6 %
Q3 2022	28.88	80.9 %	9.56	615.0 %	2.99	198.4 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2012	80.08	(2.2 %)	26.64	(7.2 %)	7.88	(13.6 %)
2013	86.16	7.6 %	28.16	5.7 %	7.93	0.5 %
2014	86.82	0.8 %	25.77	(8.5 %)	(2.60)	(132.9 %)
2015	88.03	1.4 %	24.95	(3.2 %)	(4.45)	(70.7 %)
2016	81.56	(7.4 %)	15.76	(36.8 %)	(12.99)	(192.1 %)
2017	60.83	(25.4 %)	(14.33)	(190.9 %)	(41.01)	(215.8 %)
2018	80.13	31.7 %	13.18	192.0 %	(13.53)	67.0 %
2019	82.82	3.4 %	16.76	27.2 %	(10.48)	22.5 %
2020	83.78	1.2 %	19.41	15.8 %	(9.85)	6.0 %
2021	64.97	(22.5 %)	11.49	(40.8 %)	(11.88)	(20.6 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2013	1.27	156.4 %	0.06	-	1.27	0.06
Q2 2013	2.63	(25.2 %)	0.13	-	2.63	0.13
Q3 2013	1.00	(37.4 %)	0.05	-	1.00	0.05
Q4 2013	2.21	866.8 %	0.11	0.30	1.92	0.10
2013	7.12	21.9 %	0.36	0.30	6.82	0.35
Q1 2014	1.06	(16.2 %)	0.05	-	1.06	0.05
Q2 2014	2.15	(18.3 %)	0.11	-	2.15	0.11
Q3 2014	0.53	(47.4 %)	0.03	-	0.53	0.03
Q4 2014	(3.29)	(248.6 %)	(0.17)	3.53	(6.82)	(0.35)
2014	0.03	(99.5 %)	0.00	3.53	(3.49)	(0.18)
Q1 2015	(3.74)	(451.9 %)	(0.19)	-	(3.74)	(0.19)
Q2 2015	0.51	(76.4 %)	0.03	-	0.51	0.03
Q3 2015	(5.49)	(1145.7 %)	(0.28)	-	(5.49)	(0.28)
Q4 2015	3.09	193.9 %	0.16	-	3.09	0.16
2015	(5.51)	(16300.0 %)	(0.28)	-	(5.51)	(0.28)
Q1 2016	0.14	103.8 %	0.01	-	0.14	0.01
Q2 2016	0.70	37.0 %	0.04	-	0.70	0.04
Q3 2016	(9.34)	(70.0 %)	(0.47)	-	(9.34)	(0.47)
Q4 2016	(11.68)	(478.3 %)	(0.59)	(3.29)	(8.39)	(0.43)
2016	(20.18)	(266.3 %)	(1.02)	(3.29)	(16.89)	(0.86)
Q1 2017	(4.95)	(3562.2 %)	(0.25)	-	(4.95)	(0.25)
Q2 2017	(0.50)	(171.3 %)	(0.03)	-	(0.50)	(0.03)
Q3 2017	(8.26)	11.5 %	(0.42)	-	(8.26)	(0.42)
Q4 2017	(36.41)	(211.7 %)	(1.85)	(4.52)	(31.89)	(1.62)
2017	(50.12)	(148.4 %)	(2.54)	(4.52)	(45.60)	(2.32)
Q1 2018	(1.02)	79.4 %	(0.05)	-	(1.02)	(0.05)
Q2 2018	1.66	434.9 %	0.08	-	1.66	0.08
Q3 2018	(9.33)	(12.9 %)	(0.47)	-	(9.33)	(0.47)
Q4 2018	(17.81)	51.1 %	(0.90)	(9.50)	(8.31)	(0.42)
2018	(26.50)	47.1 %	(1.35)	(9.50)	(17.00)	(0.86)
Q1 2019	0.53	151.8 %	0.03	-	0.53	0.03
Q2 2019	0.29	(82.3 %)	0.01	-	0.29	0.01
Q3 2019	(1.81)	80.6 %	(0.09)	-	(1.81)	(0.09)
Q4 2019	(24.39)	(36.9 %)	(1.24)	(13.43)	(10.96)	(0.56)
2019	(25.37)	4.3 %	(1.29)	(13.43)	(11.94)	(0.61)
Q1 2020	1.32	148.8 %	0.07	-	1.32	0.07
Q2 2020	(0.67)	(326.5 %)	(0.03)	-	(0.67)	(0.03)
Q3 2020	(2.92)	(62.0 %)	(0.15)	-	(2.92)	(0.15)
Q4 2020	(10.30)	57.8 %	(0.52)	-	(10.30)	(0.52)
2020	(12.38)	51.2 %	(0.63)	-	(12.38)	(0.63)
Q1 2021	(0.20)	(115.1 %)	(0.01)	-	(0.20)	(0.01)
Q2 2021	(2.59)	(288.6 %)	(0.13)	-	(2.59)	(0.13)
Q3 2021	(1.73)	40.8 %	(0.09)	-	(1.73)	(0.09)
Q4 2021	(6.41)	37.7 %	(0.33)	-	(6.41)	(0.33)
2021	(10.93)	11.7 %	(0.55)	-	(10.93)	(0.55)
Q1 2022	6.15	3191.7 %	0.31	-	6.15	0.31
Q2 2022	5.02	294.1 %	0.26	-	5.02	0.26
Q3 2022	3.02	274.2 %	0.13	-	3.02	0.13

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2012	5.84	(40.6 %)	0.30	-	5.84	0.30
2013	7.12	21.9 %	0.36	0.30	6.82	0.35
2014	0.03	(99.5 %)	0.00	3.53	(3.49)	(0.18)
2015	(5.51)	(16300.0 %)	(0.28)	-	(5.51)	(0.28)
2016	(20.18)	(266.3 %)	(1.02)	(3.29)	(16.89)	(0.86)
2017	(50.12)	(148.4 %)	(2.54)	(4.52)	(45.60)	(2.32)
2018	(26.50)	47.1 %	(1.35)	(9.50)	(17.00)	(0.86)
2019	(25.37)	4.3 %	(1.29)	(13.43)	(11.94)	(0.61)
2020	(12.38)	51.2 %	(0.63)	-	(12.38)	(0.63)
2021	(10.93)	11.7 %	(0.55)	-	(10.93)	(0.55)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2013	33.94 %	19.32 %	7.89 %
Q2 2013	32.87 %	17.81 %	6.79 %
Q3 2013	32.78 %	16.81 %	6.13 %
Q4 2013	32.68 %	16.52 %	7.91 %
2013	32.68 %	16.52 %	7.91 %
Q1 2014	33.68 %	16.08 %	7.61 %
Q2 2014	34.53 %	14.82 %	6.96 %
Q3 2014	32.48 %	11.65 %	6.41 %
Q4 2014	29.79 %	9.00 %	(3.54 %)
2014	29.68 %	8.53 %	(4.02 %)
Q1 2015	27.14 %	5.17 %	(9.88 %)
Q2 2015	24.42 %	8.95 %	(11.64 %)
Q3 2015	23.20 %	2.28 %	(20.41 %)
Q4 2015	28.23 %	8.87 %	(6.40 %)
2015	28.34 %	8.97 %	(6.26 %)
Q1 2016	28.46 %	12.00 %	(1.73 %)
Q2 2016	30.31 %	9.85 %	(1.65 %)
Q3 2016	26.48 %	9.34 %	(5.82 %)
Q4 2016	19.33 %	0.67 %	(20.71 %)
2016	19.33 %	0.67 %	(20.71 %)
Q1 2017	13.21 %	(6.38 %)	(31.79 %)
Q2 2017	9.98 %	(8.83 %)	(33.98 %)
Q3 2017	9.68 %	(7.39 %)	(32.85 %)
Q4 2017	(23.56 %)	(45.43 %)	(74.95 %)
2017	(23.56 %)	(45.43 %)	(74.96 %)
Q1 2018	(12.61 %)	(35.19 %)	(60.23 %)
Q2 2018	(8.06 %)	(31.90 %)	(54.88 %)
Q3 2018	(7.86 %)	(34.21 %)	(55.56 %)
Q4 2018	16.45 %	(4.47 %)	(21.21 %)
2018	16.45 %	(5.09 %)	(21.21 %)
Q1 2019	16.79 %	(3.02 %)	(18.76 %)
Q2 2019	15.54 %	(4.53 %)	(20.43 %)
Q3 2019	20.99 %	3.97 %	(10.31 %)
Q4 2019	20.24 %	(1.15 %)	(14.42 %)
2019	20.24 %	(1.15 %)	(14.42 %)
Q1 2020	22.30 %	(0.57 %)	(14.19 %)
Q2 2020	21.53 %	(2.56 %)	(16.89 %)
Q3 2020	20.76 %	(4.08 %)	(18.03 %)
Q4 2020	23.17 %	(0.67 %)	(15.00 %)
2020	23.17 %	(0.67 %)	(14.78 %)
Q1 2021	20.73 %	(3.02 %)	(16.91 %)
Q2 2021	18.72 %	(5.81 %)	(19.69 %)
Q3 2021	16.55 %	(6.31 %)	(19.94 %)
Q4 2021	17.69 %	(5.67 %)	(16.83 %)
2021	17.69 %	(5.67 %)	(16.83 %)
Q1 2022	23.77 %	4.69 %	(5.87 %)
Q2 2022	29.42 %	11.92 %	3.16 %
Q3 2022	33.49 %	15.46 %	7.16 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2012	33.27 %	19.40 %	7.29 %
2013	32.68 %	16.52 %	7.91 %
2014	29.68 %	8.53 %	(4.02 %)
2015	28.34 %	8.97 %	(6.26 %)
2016	19.33 %	0.67 %	(20.71 %)
2017	(23.56 %)	(45.43 %)	(74.96 %)
2018	16.45 %	(5.09 %)	(21.21 %)
2019	20.24 %	(1.15 %)	(14.42 %)
2020	23.17 %	(0.67 %)	(14.78 %)
2021	17.69 %	(5.67 %)	(16.83 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2013	32.97 %	16.21 %	5.94 %
Q2 2013	33.18 %	19.38 %	10.30 %
Q3 2013	32.62 %	15.70 %	4.91 %
Q4 2013	31.72 %	13.89 %	10.14 %
Q1 2014	36.92 %	14.50 %	4.82 %
Q2 2014	35.99 %	15.06 %	8.06 %
Q3 2014	23.81 %	2.05 %	2.56 %
Q4 2014	18.36 %	0.93 %	(38.92 %)
Q1 2015	26.18 %	(3.18 %)	(24.87 %)
Q2 2015	27.61 %	25.08 %	1.76 %
Q3 2015	17.29 %	(35.01 %)	(37.13 %)
Q4 2015	35.39 %	21.22 %	10.51 %
Q1 2016	27.98 %	13.69 %	0.51 %
Q2 2016	35.20 %	19.81 %	3.13 %
Q3 2016	(10.88 %)	(43.58 %)	(70.16 %)
Q4 2016	8.54 %	(10.61 %)	(46.76 %)
Q1 2017	7.83 %	(7.12 %)	(31.60 %)
Q2 2017	25.81 %	13.15 %	(2.33 %)
Q3 2017	(14.08 %)	(38.39 %)	(66.78 %)
Q4 2017	(167.75 %)	(213.44 %)	(277.06 %)
Q1 2018	28.45 %	9.06 %	(4.25 %)
Q2 2018	34.92 %	17.32 %	6.89 %
Q3 2018	(12.50 %)	(50.45 %)	(69.50 %)
Q4 2018	(2.11 %)	(16.98 %)	(44.68 %)
Q1 2019	28.50 %	12.46 %	2.02 %
Q2 2019	30.69 %	12.18 %	1.22 %
Q3 2019	20.98 %	2.53 %	(8.49 %)
Q4 2019	(22.71 %)	(68.26 %)	(97.30 %)
Q1 2020	37.40 %	17.10 %	5.96 %
Q2 2020	30.88 %	9.01 %	(3.89 %)
Q3 2020	18.55 %	(2.69 %)	(12.74 %)
Q4 2020	7.47 %	(24.31 %)	(47.60 %)
Q1 2021	28.28 %	8.41 %	(0.92 %)
Q2 2021	21.42 %	(4.36 %)	(17.09 %)
Q3 2021	8.37 %	(3.64 %)	(10.85 %)
Q4 2021	6.60 %	(34.66 %)	(52.21 %)
Q1 2022	38.02 %	26.48 %	17.80 %
Q2 2022	39.10 %	21.54 %	15.22 %
Q3 2022	33.10 %	16.65 %	10.44 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2013	19.70	0.34	0.34	10.81
Q2 2013	19.70	0.29	0.29	10.98
Q3 2013	19.70	0.26	0.26	11.05
Q4 2013	19.70	0.36	0.35	11.19
Q1 2014	19.70	0.35	0.34	11.29
Q2 2014	19.70	0.33	0.31	11.43
Q3 2014	19.70	0.30	0.29	10.85
Q4 2014	19.70	0.02	(0.16)	10.31
Q1 2015	19.70	(0.22)	(0.40)	10.11
Q2 2015	19.70	(0.30)	(0.48)	10.15
Q3 2015	19.70	(0.61)	(0.79)	9.86
Q4 2015	19.70	(0.29)	(0.29)	10.22
Q1 2016	19.70	(0.09)	(0.09)	10.03
Q2 2016	19.70	(0.08)	(0.08)	10.07
Q3 2016	19.70	(0.27)	(0.27)	9.80
Q4 2016	19.70	(1.02)	(0.86)	9.21
Q1 2017	19.70	(1.28)	(1.12)	8.95
Q2 2017	19.70	(1.34)	(1.18)	8.92
Q3 2017	19.70	(1.29)	(1.12)	8.50
Q4 2017	19.70	(2.54)	(2.32)	6.66
Q1 2018	19.70	(2.35)	(2.12)	6.49
Q2 2018	19.70	(2.24)	(2.01)	6.58
Q3 2018	19.70	(2.29)	(2.06)	6.11
Q4 2018	19.70	(1.35)	(0.86)	5.15
Q1 2019	19.70	(1.27)	(0.78)	5.19
Q2 2019	19.70	(1.34)	(0.85)	5.20
Q3 2019	19.70	(0.95)	(0.47)	5.10
Q4 2019	19.70	(1.29)	(0.61)	3.84
Q1 2020	19.70	(1.25)	(0.57)	3.94
Q2 2020	19.70	(1.30)	(0.62)	3.91
Q3 2020	19.70	(1.35)	(0.67)	3.78
Q4 2020	19.70	(0.64)	(0.64)	3.17
Q1 2021	19.70	(0.72)	(0.72)	3.16
Q2 2021	19.70	(0.81)	(0.81)	3.03
Q3 2021	19.70	(0.75)	(0.75)	2.94
Q4 2021	19.70	(0.55)	(0.55)	2.68
Q1 2022	19.70	(0.23)	(0.23)	3.00
Q2 2022	19.70	0.15	0.15	3.24
Q3 2022	23.15	0.34	0.34	9.34

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2012	19.70	0.30	0.30	10.72
2013	19.70	0.36	0.35	11.19
2014	19.70	0.00	(0.18)	10.31
2015	19.70	(0.28)	(0.28)	10.22
2016	19.70	(1.02)	(0.86)	9.21
2017	19.70	(2.54)	(2.32)	6.66
2018	19.70	(1.35)	(0.86)	5.15
2019	19.70	(1.29)	(0.61)	3.84
2020	19.70	(0.63)	(0.63)	3.17
2021	19.70	(0.55)	(0.55)	2.68

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2013	More than 100	More than 100	4.04
Q2 2013	More than 100	More than 100	3.52
Q3 2013	More than 100	More than 100	3.28
Q4 2013	More than 100	More than 100	3.41
Q1 2014	More than 100	More than 100	3.69
Q2 2014	More than 100	More than 100	6.19
Q3 2014	More than 100	More than 100	6.37
Q4 2014	More than 100	NEG	3.89
Q1 2015	NEG	NEG	4.13
Q2 2015	NEG	NEG	4.41
Q3 2015	NEG	NEG	3.16
Q4 2015	NEG	NEG	2.99
Q1 2016	NEG	NEG	2.91
Q2 2016	NEG	NEG	2.96
Q3 2016	NEG	NEG	2.28
Q4 2016	NEG	NEG	3.27
Q1 2017	NEG	NEG	3.16
Q2 2017	NEG	NEG	2.83
Q3 2017	NEG	NEG	3.24
Q4 2017	NEG	NEG	3.69
Q1 2018	NEG	NEG	3.00
Q2 2018	NEG	NEG	2.64
Q3 2018	NEG	NEG	2.99
Q4 2018	NEG	NEG	3.86
Q1 2019	NEG	NEG	3.44
Q2 2019	NEG	NEG	2.83
Q3 2019	NEG	NEG	2.57
Q4 2019	NEG	NEG	4.28
Q1 2020	NEG	NEG	3.72
Q2 2020	NEG	NEG	5.20
Q3 2020	NEG	NEG	10.90
Q4 2020	NEG	NEG	22.40
Q1 2021	NEG	NEG	26.30
Q2 2021	NEG	NEG	26.15
Q3 2021	NEG	NEG	24.00
Q4 2021	NEG	NEG	24.84
Q1 2022	NEG	NEG	20.01
Q2 2022	More than 100	More than 100	13.82
Q3 2022	More than 100	More than 100	3.90

Period	P/E	Adjusted P/E	Price/book
2012	More than 100	More than 100	2.77
2013	More than 100	More than 100	3.41
2014	More than 100	NEG	3.89
2015	NEG	NEG	2.99
2016	NEG	NEG	3.27
2017	NEG	NEG	3.69
2018	NEG	NEG	3.86
2019	NEG	NEG	4.28
2020	NEG	NEG	22.40
2021	NEG	NEG	24.84

Business Segments (Million)

Compared With The

Period	Pasta sector	Vegetable sector	Meat products sector	Breakfast beans sector	Food Factory	Dates Factory	Adjustments
Q1 2012	8.72	6.33	-	0.19	2.40	-	-
Q2 2012	15.37	7.12	-	0.25	2.28	-	-
Q3 2012	11.47	6.39	-	0.32	2.76	-	-
Q4 2012	5.43	8.49	-	0.11	2.46	-	-
Q1 2013	9.13	9.50	-	0.06	2.67	-	-
Q2 2013	15.90	7.34	-	-	2.35	-	-
Q3 2013	9.97	7.65	-	0.17	2.55	-	-
Q4 2013	4.66	10.89	-	0.12	3.23	-	-
Q1 2014	7.93	11.81	-	0.10	2.24	-	-
Q2 2014	14.55	9.95	-	0.09	2.12	-	-
Q3 2014	4.69	12.16	-	0.09	3.57	-	-
Q4 2014	6.39	8.25	-	0.18	2.52	0.19	-
Q1 2015	6.08	7.65	-	0.22	1.10	-	-
Q2 2015	16.17	10.68	-	0.14	1.68	0.16	-
Q3 2015	4.57	8.07	-	0.12	1.97	0.06	-
Q4 2015	8.77	18.21	-	0.09	2.19	0.10	-
Q1 2017	5.58	9.97	-	0.08	1.42	-	(1.38)
Q1 2022	11.84	20.51	1.72	0.50	-	-	-
Q2 2022	8.57	21.73	1.98	0.72	-	-	-
Q3 2022	9.01	16.28	2.19	1.40	-	-	-

Period	Pasta sector	Vegetable sector	Meat products sector	Breakfast beans sector	Food Factory	Dates Factory	Adjustments
2012	40.98	28.33	-	0.87	9.89	-	-
2013	39.66	35.37	-	0.33	10.80	-	-
2014	33.56	42.16	-	0.45	10.46	0.19	-
2015	35.58	44.60	-	0.58	6.94	0.32	-
2021	22.92	32.03	7.98	2.04	-	-	-

Financial Ratios

	Current
Market Cap (M Riyal)	895.91
Enterprise Value (EV) (M)	872.72
Shares Outstanding ((M))	23.15
EPS ( Riyal) (TTM)	1.05
Book Value (BV) ( Riyal)	10.85
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	More than 100
P/E (TTM)	36.85
Price/book	3.57
Return on Average Assets (%) (TTM)	7.4
Return on Average Equity (%) (TTM)	10.0

Wafrah for Industry and Development Co. (WAFRAH)

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Wafrah turns to SAR 14.2 mln profit in 9M 2022; Q3 at SAR 3 mln

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Financials (M)

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Financial results (Million)

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Profit Performance (Million)

Profitability

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Per Share Data (Riyal)

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Wafrah for Industry and Development Co. (WAFRAH)

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Wafrah turns to SAR 14.2 mln profit in 9M 2022; Q3 at SAR 3 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) Q3 2022

Revenue by Business Segment (Latest) 2022 Q3

Financial Ratios

Share Price

Wafrah for Industry and Development Co. (WAFRAH)

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Business Segments (Million)