National Building and Marketing Co. (NBMC) reported a net profit after Zakat and tax of SAR 6.2 million for the fiscal year 2019, a plunge of 74% year-on-year (YoY) due to higher cost of sales, as well as allocation of provisions for claims and impairment of receivables.
| Item | 2018 | 2019 | Change |
|---|---|---|---|
| Revenues | 167.12 | 170.81 | 2.2 % |
| Gross Income | 31.05 | 15.84 | (49.0 %) |
| Operating Income | 28.02 | 12.83 | (54.2 %) |
| Net Income | 24.12 | 6.22 | (74.2 %) |
| Average Shares | 12.00 | 12.00 | - |
| EPS (Riyals) | 2.01 | 0.52 | (74.2 %) |
In Q4 2019, the company swung to a net loss of SAR 13.6 million against a net profit of SAR 3.99 million a year earlier.
| Item | Q4 2018 | Q4 2019 | Change |
|---|---|---|---|
| Revenues | 46.55 | 34.77 | (25.3 %) |
| Gross Income | 7.97 | (11.40) | (243.1 %) |
| Net Income | 3.99 | (13.55) | (439.7 %) |
| Average Shares | 12.00 | 12.00 | - |
| EPS (Riyals) | 0.33 | (1.13) | (439.7 %) |
| Item | Q3 2019 | Q4 2019 | Change |
|---|---|---|---|
| Revenues | 56.35 | 34.77 | (38.3 %) |
| Gross Income | 13.33 | (11.40) | (185.5 %) |
| Operating Income | 11.24 | - | - |
| Net Income | 11.22 | (13.55) | (220.8 %) |
| Average Shares | 12.00 | 12.00 | - |
| EPS (Riyals) | 0.93 | (1.13) | (220.8 %) |
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}