Sinad narrows losses to SAR 13.1M in H1 2024; Q2 profit at SAR 900,000

07/08/2024 Argaam Exclusive

View other reports

Sinad Holding Co. narrowed its losses to SAR 13.1 million in H1 2024, from SAR 45.2 million in the same period last year.

Financials (M)

Item	6m 2023	6m 2024	Change‬
Revenues	771.31	844.52	9.5 %
Gross Income	198.82	258.09	29.8 %
Operating Income	(34.74)	36.12	204.0 %
Net Income	(45.16)	(13.11)	71.0 %
Average Shares	126.39	126.39	-
EPS (Riyals)	(0.36)	(0.10)	71.0 %

The decrease in losses was due to an increase in sales during the current period due to changes in sales policies with customers and enhanced sales through certain distribution channels.

Additionally, the company reported operating profits versus operating losses year-on-year (YoY).

Sinad reported higher gross profit from sales, lower selling and distribution expenses, and reduced general and administrative costs. Furthermore, other operating revenues increased while Zakat and income tax declined.

Current Quarter Comparison (M)

Compared With The

Item	Q2 2023	Q2 2024	Change‬
Revenues	356.57	400.64	12.4 %
Gross Income	83.06	124.73	50.2 %
Operating Income	(30.72)	25.30	182.4 %
Net Income	(23.64)	0.91	103.9 %
Average Shares	126.39	126.39	-
EPS (Riyals)	(0.19)	0.01	103.9 %

Item	Q1 2024	Q2 2024	Change‬
Revenues	443.88	400.64	(9.7 %)
Gross Income	133.35	124.73	(6.5 %)
Operating Income	10.82	25.30	133.8 %
Net Income	(14.02)	0.91	106.5 %
Average Shares	126.39	126.39	-
EPS (Riyals)	(0.11)	0.01	106.5 %

The company turned to a net profit of SAR 900,000, versus a net loss of SAR 23.65 million a year earlier.

On a quarterly basis, Sinad swung to profit against a loss of SAR 14.02 million in Q1 2024.

Shareholders' equity, excluding minority interest, fell to SAR 979.1 million as of July 30, 2024, compared to SAR 1.21 billion a year ago.

View More Financial Results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2015	593.14	(1.4 %)	183.85	(0.6 %)	48.76	10.9 %
Q2 2015	580.59	(7.1 %)	181.00	(3.2 %)	48.92	(7.5 %)
Q3 2015	553.97	(8.7 %)	178.11	2.5 %	45.63	(1.6 %)
Q4 2015	444.00	(26.6 %)	165.73	(14.4 %)	46.18	(10.1 %)
2015	2,339.48	(4.1 %)	738.15	(0.2 %)	205.30	6.1 %
Q1 2016	555.73	(6.3 %)	182.18	(0.9 %)	45.96	(5.7 %)
Q2 2016	502.82	(13.4 %)	161.28	(10.9 %)	25.84	(47.2 %)
Q3 2016	519.22	(6.3 %)	162.50	(8.8 %)	20.20	(55.7 %)
Q4 2016	506.19	14.0 %	162.02	(2.2 %)	24.96	(46.0 %)
2016	2,083.96	(10.9 %)	667.97	(9.5 %)	116.96	(43.0 %)
Q1 2017	456.77	(17.8 %)	154.71	(15.1 %)	37.42	(18.6 %)
Q2 2017	428.66	(14.7 %)	130.15	(19.3 %)	12.60	(51.3 %)
Q3 2017	503.24	(3.1 %)	161.51	(0.6 %)	45.93	127.4 %
Q4 2017	499.16	(1.4 %)	169.55	4.6 %	41.24	65.2 %
2017	1,887.83	(9.4 %)	615.92	(7.8 %)	137.19	17.3 %
Q1 2018	449.18	(1.7 %)	134.10	(13.3 %)	33.79	(9.7 %)
Q2 2018	424.80	(0.9 %)	122.74	(5.7 %)	18.38	45.9 %
Q3 2018	483.73	(3.9 %)	151.85	(6.0 %)	48.52	5.6 %
Q4 2018	449.88	(9.9 %)	129.99	(23.3 %)	22.45	(45.6 %)
2018	1,797.92	(4.8 %)	529.02	(14.1 %)	123.12	(10.3 %)
Q1 2019	471.87	5.1 %	135.36	0.9 %	29.65	(12.3 %)
Q2 2019	414.56	(2.4 %)	113.15	(7.8 %)	7.60	(58.7 %)
Q3 2019	484.43	0.1 %	137.81	(9.2 %)	26.28	(45.8 %)
Q4 2019	513.08	14.0 %	160.86	23.8 %	42.23	88.2 %
2019	1,883.94	4.8 %	547.18	3.4 %	105.76	(14.1 %)
Q1 2020	406.21	(13.9 %)	121.17	(10.5 %)	12.92	(56.4 %)
Q2 2020	389.53	(6.0 %)	115.82	2.4 %	7.72	1.6 %
Q3 2020	411.24	(15.1 %)	122.14	(11.4 %)	21.93	(16.6 %)
Q4 2020	362.64	(29.3 %)	91.79	(42.9 %)	(12.47)	(129.5 %)
2020	1,569.62	(16.7 %)	450.92	(17.6 %)	30.11	(71.5 %)
Q1 2021	426.21	4.9 %	125.61	3.7 %	14.92	15.4 %
Q2 2021	403.40	3.6 %	114.47	(1.2 %)	12.43	61.0 %
Q3 2021	411.17	0.0 %	116.64	(4.5 %)	20.01	(8.7 %)
Q4 2021	470.54	29.8 %	129.37	40.9 %	13.86	211.2 %
2021	1,711.31	9.0 %	486.09	7.8 %	61.22	103.4 %
Q1 2022	472.98	11.0 %	133.44	6.2 %	15.22	2.0 %
Q2 2022	414.21	2.7 %	125.32	9.5 %	(2.35)	(118.9 %)
Q3 2022	429.62	4.5 %	106.51	(8.7 %)	(10.07)	(150.3 %)
Q4 2022	442.98	(5.9 %)	127.15	(1.7 %)	23.38	68.7 %
2022	1,757.56	2.7 %	496.70	2.2 %	31.32	(48.8 %)
Q1 2023	414.74	(12.3 %)	115.77	(13.2 %)	(4.02)	(126.4 %)
Q2 2023	356.57	(13.9 %)	83.06	(33.7 %)	(30.72)	(1,205.0 %)
Q3 2023	407.05	(5.3 %)	79.78	(25.1 %)	(40.09)	(298.1 %)
Q4 2023	427.35	(3.5 %)	91.32	(28.2 %)	(53.28)	(327.9 %)
2023	1,616.68	(8.0 %)	384.00	(22.7 %)	(126.00)	(502.3 %)
Q1 2024	443.88	7.0 %	133.35	15.2 %	10.82	369.4 %
Q2 2024	400.64	12.4 %	124.73	50.2 %	25.30	182.4 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2014	2,438.23	6.6 %	739.42	8.1 %	193.47	(4.1 %)
2015	2,339.48	(4.1 %)	738.15	(0.2 %)	205.30	6.1 %
2016	2,083.96	(10.9 %)	667.97	(9.5 %)	116.96	(43.0 %)
2017	1,887.83	(9.4 %)	615.92	(7.8 %)	137.19	17.3 %
2018	1,797.92	(4.8 %)	529.02	(14.1 %)	123.12	(10.3 %)
2019	1,883.94	4.8 %	547.18	3.4 %	105.76	(14.1 %)
2020	1,569.62	(16.7 %)	450.92	(17.6 %)	30.11	(71.5 %)
2021	1,711.31	9.0 %	486.09	7.8 %	61.22	103.4 %
2022	1,757.56	2.7 %	496.70	2.2 %	31.32	(48.8 %)
2023	1,616.68	(8.0 %)	384.00	(22.7 %)	(126.00)	(502.3 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2015	60.46	14.7 %	0.48	3.44	57.02	0.45
Q2 2015	64.87	0.8 %	0.51	5.70	59.17	0.47
Q3 2015	22.47	(31.7 %)	0.18	6.24	16.23	0.13
Q4 2015	12.54	(65.4 %)	0.10	(22.68)	35.21	0.28
2015	160.33	(13.2 %)	1.27	(7.30)	167.63	1.33
Q1 2016	(50.65)	(183.8 %)	(0.40)	(37.45)	(13.20)	(0.10)
Q2 2016	15.60	(75.9 %)	0.12	-	15.60	0.12
Q3 2016	(48.10)	(314.1 %)	(0.38)	(26.85)	(21.25)	(0.17)
Q4 2016	(79.15)	(731.4 %)	(0.63)	(128.58)	49.43	0.39
2016	(180.66)	(212.7 %)	(1.43)	(211.24)	30.59	0.24
Q1 2017	20.69	140.9 %	0.16	-	20.69	0.16
Q2 2017	3.67	(76.5 %)	0.03	-	3.67	0.03
Q3 2017	4.38	109.1 %	0.03	-	4.38	0.03
Q4 2017	(352.75)	(345.7 %)	(2.79)	(308.75)	(44.00)	(0.35)
2017	(324.02)	(79.4 %)	(2.56)	(308.75)	(15.26)	(0.12)
Q1 2018	11.74	(43.2 %)	0.09	-	11.74	0.09
Q2 2018	(2.02)	(155.1 %)	(0.02)	-	(2.02)	(0.02)
Q3 2018	(4.46)	(201.8 %)	(0.04)	-	(4.46)	(0.04)
Q4 2018	(109.49)	69.0 %	(0.87)	-	(109.49)	(0.87)
2018	(104.23)	67.8 %	(0.82)	-	(104.23)	(0.82)
Q1 2019	5.28	(55.0 %)	0.04	3.20	2.08	0.02
Q2 2019	18.61	1021.0 %	0.15	38.20	(19.60)	(0.16)
Q3 2019	(32.13)	(620.3 %)	(0.25)	-	(32.13)	(0.25)
Q4 2019	(14.51)	86.8 %	(0.11)	-	(14.51)	(0.11)
2019	(22.75)	78.2 %	(0.18)	41.40	(64.15)	(0.51)
Q1 2020	0.17	(96.9 %)	0.00	-	0.17	0.00
Q2 2020	(3.24)	(117.4 %)	(0.03)	-	(3.24)	(0.03)
Q3 2020	(29.74)	7.5 %	(0.24)	(2.60)	(27.14)	(0.21)
Q4 2020	(15.74)	(8.5 %)	(0.12)	(2.00)	(13.74)	(0.11)
2020	(48.55)	(113.4 %)	(0.38)	(4.60)	(43.95)	(0.35)
Q1 2021	(1.39)	(936.7 %)	(0.01)	-	(1.39)	(0.01)
Q2 2021	(0.79)	75.7 %	(0.01)	-	(0.79)	(0.01)
Q3 2021	(26.56)	10.7 %	(0.21)	-	(26.56)	(0.21)
Q4 2021	(34.75)	(120.8 %)	(0.27)	-	(34.75)	(0.27)
2021	(63.49)	(30.8 %)	(0.50)	-	(63.49)	(0.50)
Q1 2022	10.24	836.9 %	0.08	5.84	4.40	0.03
Q2 2022	(20.27)	(2,482.2 %)	(0.16)	-	(20.27)	(0.16)
Q3 2022	(54.63)	(105.7 %)	(0.43)	(31.08)	(23.55)	(0.19)
Q4 2022	74.79	315.2 %	0.59	94.56	(19.77)	(0.16)
2022	10.12	115.9 %	0.08	66.15	(56.03)	(0.44)
Q1 2023	(21.51)	(310.2 %)	(0.17)	-	(21.51)	(0.17)
Q2 2023	(23.64)	(16.6 %)	(0.19)	-	(23.64)	(0.19)
Q3 2023	(39.71)	27.3 %	(0.31)	-	(39.71)	(0.31)
Q4 2023	(47.77)	(163.9 %)	(0.38)	0.95	(48.72)	(0.39)
2023	(132.65)	(1410.3 %)	(1.05)	0.95	(133.60)	(1.06)
Q1 2024	(14.02)	34.8 %	(0.11)	-	(14.02)	(0.11)
Q2 2024	0.91	103.9 %	0.01	-	0.91	0.01

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2014	184.78	40.0 %	1.46	(25.00)	209.78	1.66
2015	160.33	(13.2 %)	1.27	(7.30)	167.63	1.33
2016	(180.66)	(212.7 %)	(1.43)	(211.24)	30.59	0.24
2017	(324.02)	(79.4 %)	(2.56)	(308.75)	(15.26)	(0.12)
2018	(104.23)	67.8 %	(0.82)	-	(104.23)	(0.82)
2019	(22.75)	78.2 %	(0.18)	41.40	(64.15)	(0.51)
2020	(48.55)	(113.4 %)	(0.38)	(4.60)	(43.95)	(0.35)
2021	(63.49)	(30.8 %)	(0.50)	-	(63.49)	(0.50)
2022	10.12	115.9 %	0.08	66.15	(56.03)	(0.44)
2023	(132.65)	(1410.3 %)	(1.05)	0.95	(133.60)	(1.06)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	30.39 %	11.42 %	8.87 %
Q2 2015	30.70 %	11.52 %	8.82 %
Q3 2015	31.58 %	11.78 %	8.30 %
Q4 2015	32.63 %	12.07 %	7.72 %
2015	31.55 %	11.88 %	7.17 %
Q1 2016	33.13 %	12.07 %	4.56 %
Q2 2016	33.42 %	11.43 %	2.62 %
Q3 2016	33.22 %	10.53 %	0.81 %
Q4 2016	32.05 %	9.63 %	1.47 %
2016	32.05 %	9.63 %	1.47 %
Q1 2017	32.27 %	9.85 %	3.25 %
Q2 2017	31.89 %	9.55 %	2.75 %
Q3 2017	32.11 %	10.89 %	4.13 %
Q4 2017	32.63 %	11.86 %	(0.81 %)
2017	32.63 %	11.86 %	(0.81 %)
Q1 2018	31.66 %	11.71 %	(1.29 %)
Q2 2018	31.33 %	12.09 %	(1.59 %)
Q3 2018	31.14 %	12.30 %	(2.09 %)
Q4 2018	29.80 %	11.55 %	(5.77 %)
2018	29.42 %	11.62 %	(5.80 %)
Q1 2019	29.50 %	11.19 %	(6.22 %)
Q2 2019	29.14 %	10.66 %	(7.22 %)
Q3 2019	28.36 %	9.94 %	(8.74 %)
Q4 2019	29.04 %	10.83 %	(3.41 %)
2019	29.04 %	10.83 %	(3.41 %)
Q1 2020	29.31 %	10.46 %	(3.63 %)
Q2 2020	29.87 %	11.09 %	(2.77 %)
Q3 2020	30.23 %	11.10 %	(2.60 %)
Q4 2020	28.73 %	8.88 %	(2.80 %)
2020	28.73 %	8.88 %	(2.80 %)
Q1 2021	28.65 %	9.04 %	(2.86 %)
Q2 2021	28.31 %	8.96 %	(2.68 %)
Q3 2021	27.97 %	8.87 %	(2.65 %)
Q4 2021	28.40 %	9.71 %	(3.71 %)
2021	28.40 %	9.71 %	(3.71 %)
Q1 2022	28.09 %	9.41 %	(3.28 %)
Q2 2022	28.54 %	8.53 %	(4.36 %)
Q3 2022	27.67 %	6.69 %	(4.15 %)
Q4 2022	27.98 %	7.35 %	(3.36 %)
2022	28.26 %	7.65 %	(3.19 %)
Q1 2023	27.90 %	6.43 %	(5.00 %)
Q2 2023	26.31 %	4.55 %	(5.38 %)
Q3 2023	25.03 %	2.42 %	(6.45 %)
Q4 2023	23.04 %	(2.66 %)	(8.32 %)
2023	23.75 %	(2.51 %)	(8.26 %)
Q1 2024	23.70 %	(2.11 %)	(7.71 %)
Q2 2024	25.56 %	1.16 %	(6.05 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2014	30.33 %	11.12 %	8.60 %
2015	31.55 %	11.88 %	7.17 %
2016	32.05 %	9.63 %	1.47 %
2017	32.63 %	11.86 %	(0.81 %)
2018	29.42 %	11.62 %	(5.80 %)
2019	29.04 %	10.83 %	(3.41 %)
2020	28.73 %	8.88 %	(2.80 %)
2021	28.40 %	9.71 %	(3.71 %)
2022	28.26 %	7.65 %	(3.19 %)
2023	23.75 %	(2.51 %)	(8.26 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	31.00 %	11.63 %	9.61 %
Q2 2015	31.17 %	11.93 %	10.19 %
Q3 2015	32.15 %	11.89 %	2.93 %
Q4 2015	37.33 %	13.09 %	7.93 %
Q1 2016	32.78 %	11.59 %	(2.37 %)
Q2 2016	32.07 %	9.28 %	3.10 %
Q3 2016	31.30 %	8.43 %	(4.09 %)
Q4 2016	32.01 %	9.08 %	9.76 %
Q1 2017	33.87 %	12.97 %	4.53 %
Q2 2017	30.36 %	7.82 %	0.85 %
Q3 2017	32.09 %	13.44 %	0.87 %
Q4 2017	33.97 %	12.72 %	(8.81 %)
Q1 2018	29.86 %	12.35 %	2.61 %
Q2 2018	28.89 %	9.47 %	(0.48 %)
Q3 2018	31.39 %	14.29 %	(0.92 %)
Q4 2018	28.89 %	9.78 %	(24.34 %)
Q1 2019	28.68 %	10.90 %	0.44 %
Q2 2019	27.29 %	7.10 %	(4.73 %)
Q3 2019	28.45 %	11.56 %	(6.63 %)
Q4 2019	31.35 %	13.09 %	(2.83 %)
Q1 2020	29.83 %	9.24 %	0.04 %
Q2 2020	29.73 %	9.79 %	(0.83 %)
Q3 2020	29.70 %	11.70 %	(6.60 %)
Q4 2020	25.31 %	4.32 %	(3.79 %)
Q1 2021	29.47 %	9.79 %	(0.33 %)
Q2 2021	28.38 %	9.45 %	(0.19 %)
Q3 2021	28.37 %	11.35 %	(6.46 %)
Q4 2021	27.49 %	8.43 %	(7.39 %)
Q1 2022	28.21 %	8.67 %	0.93 %
Q2 2022	30.26 %	5.68 %	(4.89 %)
Q3 2022	24.79 %	3.57 %	(5.48 %)
Q4 2022	28.70 %	11.16 %	(4.46 %)
Q1 2023	27.91 %	5.09 %	(5.19 %)
Q2 2023	23.29 %	(3.09 %)	(6.63 %)
Q3 2023	19.60 %	(5.01 %)	(9.76 %)
Q4 2023	21.37 %	(7.58 %)	(11.40 %)
Q1 2024	30.04 %	6.59 %	(3.16 %)
Q2 2024	31.13 %	10.74 %	0.23 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2015	126.39	1.53	1.71	21.25
Q2 2015	126.39	1.54	1.66	21.29
Q3 2015	126.39	1.46	1.53	19.86
Q4 2015	126.39	1.27	1.33	19.95
Q1 2016	126.39	0.39	0.77	19.98
Q2 2016	126.39	0.00	0.43	19.20
Q3 2016	126.39	(0.56)	0.13	18.07
Q4 2016	126.39	(1.28)	0.24	18.53
Q1 2017	126.39	(0.72)	0.51	18.60
Q2 2017	126.39	(0.81)	0.42	17.28
Q3 2017	126.39	(0.40)	0.62	16.96
Q4 2017	126.39	(2.56)	(0.12)	14.15
Q1 2018	126.39	(2.63)	(0.19)	14.02
Q2 2018	126.39	(2.68)	(0.24)	13.52
Q3 2018	126.39	(2.75)	(0.31)	12.82
Q4 2018	126.39	(0.82)	(0.82)	11.26
Q1 2019	126.39	(0.88)	(0.90)	11.89
Q2 2019	126.39	(0.71)	(1.04)	12.01
Q3 2019	126.39	(0.93)	(1.26)	11.74
Q4 2019	126.39	(0.18)	(0.51)	11.09
Q1 2020	126.39	(0.22)	(0.52)	10.34
Q2 2020	126.39	(0.39)	(0.39)	10.29
Q3 2020	126.39	(0.37)	(0.35)	11.37
Q4 2020	126.39	(0.38)	(0.35)	10.92
Q1 2021	126.39	(0.40)	(0.36)	11.33
Q2 2021	126.39	(0.38)	(0.34)	11.91
Q3 2021	126.39	(0.35)	(0.34)	11.79
Q4 2021	126.39	(0.50)	(0.50)	11.09
Q1 2022	126.39	(0.41)	(0.46)	10.99
Q2 2022	126.39	(0.56)	(0.61)	10.21
Q3 2022	126.39	(0.79)	(0.59)	9.70
Q4 2022	126.39	0.08	(0.47)	9.79
Q1 2023	126.39	(0.17)	(0.67)	9.44
Q2 2023	126.39	(0.20)	(0.70)	9.62
Q3 2023	126.39	(0.08)	(0.83)	8.88
Q4 2023	126.39	(1.05)	(1.06)	8.57
Q1 2024	126.39	(0.99)	(1.00)	8.27
Q2 2024	126.39	(0.80)	(0.80)	7.75

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2014	126.39	1.46	1.66	20.64
2015	126.39	1.27	1.33	19.95
2016	126.39	(1.43)	0.24	18.53
2017	126.39	(2.56)	(0.12)	14.15
2018	126.39	(0.82)	(0.82)	11.26
2019	126.39	(0.18)	(0.51)	11.09
2020	126.39	(0.38)	(0.35)	10.92
2021	126.39	(0.50)	(0.50)	11.09
2022	126.39	0.08	(0.44)	9.79
2023	126.39	(1.05)	(1.06)	8.57

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2015	17.61	15.85	1.27
Q2 2015	18.39	17.00	1.33
Q3 2015	14.83	14.10	1.09
Q4 2015	18.49	17.68	1.18
Q1 2016	54.48	27.53	1.06
Q2 2016	NEG	43.35	0.96
Q3 2016	NEG	More than 100	0.72
Q4 2016	NEG	74.17	0.97
Q1 2017	NEG	34.31	0.94
Q2 2017	NEG	39.31	0.95
Q3 2017	NEG	24.71	0.90
Q4 2017	NEG	NEG	0.91
Q1 2018	NEG	NEG	0.79
Q2 2018	NEG	NEG	0.88
Q3 2018	NEG	NEG	0.78
Q4 2018	NEG	NEG	0.82
Q1 2019	NEG	NEG	0.77
Q2 2019	NEG	NEG	0.75
Q3 2019	NEG	NEG	0.78
Q4 2019	NEG	NEG	0.82
Q1 2020	NEG	NEG	0.81
Q2 2020	NEG	NEG	1.00
Q3 2020	NEG	NEG	1.23
Q4 2020	NEG	NEG	1.50
Q1 2021	NEG	NEG	2.16
Q2 2021	NEG	NEG	2.26
Q3 2021	NEG	NEG	2.11
Q4 2021	NEG	NEG	1.72
Q1 2022	NEG	NEG	1.73
Q2 2022	NEG	NEG	1.48
Q3 2022	NEG	NEG	1.39
Q4 2022	More than 100	NEG	1.04
Q1 2023	NEG	NEG	1.16
Q2 2023	NEG	NEG	1.34
Q3 2023	NEG	NEG	1.32
Q4 2023	NEG	NEG	1.51
Q1 2024	NEG	NEG	1.56
Q2 2024	NEG	NEG	1.68

Period	P/E	Adjusted P/E	Price/book
2014	16.18	14.25	1.15
2015	18.49	17.68	1.18
2016	NEG	74.17	0.97
2017	NEG	NEG	0.91
2018	NEG	NEG	0.82
2019	NEG	NEG	0.82
2020	NEG	NEG	1.50
2021	NEG	NEG	1.72
2022	More than 100	NEG	1.04
2023	NEG	NEG	1.51

Business Segments (Million)

Compared With The

Period	The industrial sector	Investments
Q1 2016	555.73	(34.49)
Q2 2016	502.82	(7.49)
Q3 2016	519.22	(37.59)
Q4 2016	506.19	(72.55)
Q1 2017	456.77	13.95
Q2 2017	428.66	9.30
Q3 2017	503.24	(8.06)
Q4 2017	499.16	(362.41)
Q1 2018	449.18	5.04
Q2 2018	424.80	(0.82)
Q3 2018	474.07	(20.42)
Q4 2018	449.88	(112.01)
Q1 2019	471.87	2.32
Q2 2019	414.56	(8.12)
Q3 2019	484.43	(31.43)
Q4 2019	513.08	4.46
Q1 2020	406.21	9.08
Q2 2020	389.53	7.66
Q3 2020	411.24	(26.77)
Q4 2020	362.64	9.33
Q1 2021	426.21	2.85
Q2 2021	403.40	4.75
Q3 2021	411.17	(24.95)
Q4 2021	470.54	(29.39)
Q1 2022	472.98	14.83
Q2 2022	414.21	(4.22)
Q3 2022	432.26	(17.51)
Q4 2022	431.56	88.94
Q1 2023	419.23	2.32
Q2 2023	356.77	11.20
Q3 2023	410.92	2.31
Q4 2023	425.97	20.38
Q1 2024	441.59	6.46
Q2 2024	398.21	5.94

Period	The industrial sector	Investments
2015	2,339.48	78.77
2016	2,083.96	(152.12)
2017	1,887.83	(347.21)
2018	1,797.92	(128.21)
2019	1,883.94	(32.77)
2020	1,569.62	(0.70)
2021	1,711.31	(46.74)
2022	1,757.56	82.04
2023	1,612.88	36.20

Financial Ratios

	Current
Market Cap (M Riyal)	1,769.44
Enterprise Value (EV) (M)	2,588.05
Shares Outstanding ((M))	126.39
EPS ( Riyal) (TTM)	(0.47)
Book Value (BV) ( Riyal)	8.48
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	1.65
Return on Average Assets (%) (TTM)	(2.22 )
Return on Average Equity (%) (TTM)	(5.43 )

Sinad Holding Co. (SINAD HOLDING)

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

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

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.

Sinad narrows losses to SAR 13.1M in H1 2024; Q2 profit at SAR 900,000

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)

Revenue by Business Segment (Latest) 2024 Q2

Financial Ratios

Share Price

Sinad Holding Co. (SINAD HOLDING)

Comments {{getCommentCount()}}

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

{{comment.DisplayName}}

×

Sinad narrows losses to SAR 13.1M in H1 2024; Q2 profit at SAR 900,000

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 2024

Revenue by Business Segment (Latest) 2024 Q2

Financial Ratios

Share Price

Sinad Holding Co. (SINAD HOLDING)

Comments {{getCommentCount()}}

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

{{comment.DisplayName}}

Business Segments (Million)