Saudi Ground Services Co. (SGS) reported a 14.9% year-on-year (YoY) increase in net profit after Zakat and tax for fiscal year (FY) 2019, to SAR 423.3 million from SAR 368.4 million a year earlier.
| Item | 2018 | 2019 | Change |
|---|---|---|---|
| Revenues | 2,554.04 | 2,539.76 | (0.6 %) |
| Gross Income | 684.44 | 686.50 | 0.3 % |
| Operating Income | 371.10 | 415.86 | 12.1 % |
| Net Income | 368.43 | 423.35 | 14.9 % |
| Average Shares | 188.00 | 188.00 | - |
| EPS (Riyals) | 1.96 | 2.25 | 14.9 % |
The increase in profits is attributed to the decrease in operating expense by SAR 16.3 million and a decline in administrative expense and impairment loss by SAR 4.8 million and SAR 37.9 million, respectively.
Revenues inched down 0.5% to SAR 2.53 billion in FY2019 when compared to SAR 2.55 billion in FY2018, the company said in a bourse statement.
In Q4 2019, net profit jumped 33% YoY to SAR 75.2 million.
| Item | Q4 2018 | Q4 2019 | Change |
|---|---|---|---|
| Revenues | 571.66 | 599.33 | 4.8 % |
| Gross Income | 147.70 | 127.62 | (13.6 %) |
| Operating Income | 66.72 | 71.23 | 6.8 % |
| Net Income | 56.37 | 75.17 | 33.3 % |
| Average Shares | 188.00 | 188.00 | - |
| EPS (Riyals) | 0.30 | 0.40 | 33.3 % |
| Period | Revenues | Change | Gross Income | Change | Net Income | Change | EPS(Riyal) |
|---|---|---|---|---|---|---|---|
| Q1 2019 | 609.07 | (2.0 %) | 173.15 | (4.2 %) | 104.12 | (2.4 %) | 0.55 |
| Q2 2019 | 648.02 | (1.8 %) | 194.30 | 2.6 % | 123.86 | 9.9 % | 0.66 |
| Q3 2019 | 683.34 | (2.5 %) | 191.44 | 15.0 % | 120.21 | 29.7 % | 0.64 |
| Q4 2019 | 599.33 | 4.8 % | 127.62 | (13.6 %) | 75.17 | 33.3 % | 0.40 |
| 2019 | 2,539.76 | (0.6 %) | 686.50 | 0.3 % | 423.35 | 14.9 % | 2.25 |
| Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
|---|---|---|---|
| Q1 2019 | 26.63 % | 20.94 % | 14.40 % |
| Q2 2019 | 26.95 % | 22.05 % | 14.91 % |
| Q3 2019 | 28.13 % | 24.05 % | 16.10 % |
| Q4 2019 | 27.03 % | 24.48 % | 16.67 % |
| 2019 | 27.03 % | 24.48 % | 16.67 % |
| Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | Book Value (BV) |
|---|---|---|---|---|
| Q1 2019 | 188.00 | 1.95 | 1.95 | 15.78 |
| Q2 2019 | 188.00 | 2.01 | 2.01 | 15.64 |
| Q3 2019 | 188.00 | 2.15 | 2.15 | 15.28 |
| Q4 2019 | 188.00 | 2.25 | 2.25 | 15.67 |
| Period | P/E | Adjusted P/E | Price/book |
|---|---|---|---|
| Q1 2019 | 14.95 | 14.95 | 1.84 |
| Q2 2019 | 14.36 | 14.36 | 1.84 |
| Q3 2019 | 15.29 | 15.29 | 2.15 |
| Q4 2019 | 15.59 | 15.59 | 2.24 |
| Item | Q4 2019 (e) | Q4 2019 (a) | Change |
|---|---|---|---|
| Average | 83.37 | 75.17 | (9.8 %) |
| Item | Q4 2019 (e) | Q4 2019 (a) | Change |
|---|---|---|---|
| OSOOL AND BAKHEET | 80.30 | 75.17 | (6.4) % |
| AlJazira Capital | 66.80 | 75.17 | 12.5 % |
| SNB Capital | 103.00 | 75.17 | (27.0) % |
| Current | |
| Market Cap (M Riyal) | 10,001.60 |
| Enterprise Value (EV) (M) | 9,233.44 |
| Shares Outstanding ((M)) | 188.00 |
| EPS ( Riyal) (TTM) | 1.29 |
| Book Value (BV) ( Riyal) | 12.78 |
| Par Value ( Riyal) | 10.00 |
| Adjusted P/E (Last12) | 42.91 |
| P/E (TTM) | 41.23 |
| Price/book | 4.16 |
| Return on Average Assets (%) (TTM) | 5.6 |
| Return on Average Equity (%) (TTM) | 10.7 |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}