Leejam Sports Co., which establishes and operates sports gym centers and entertainment centers, saw net profit decline 12 percent year-on-year to SAR 72.47 million in the first half of 2018.
The company’s gross profit margin declined to 34.4 percent in the first half of 2018, compared with 38.8 percent in the same period last year due to higher cost of sales.
|
Income Statement |
|||
|
Item |
H1 2017 |
H1 2018 |
Variation |
|
Sales (SAR mln) |
353.61 |
364.52 |
3% |
|
Net Profit (SAR mln) |
82.53 |
72.47 |
(12%) |
|
Average number of shares (mln) |
52.38 |
52.38 |
-- |
|
EPS (SAR/share) |
1.58 |
1.38 |
(12%) |
Financing costs increased in H1, rising to SAR 9.91 million during the period, from SAR 7.7 million in H1 2017.
Leejam reported a net profit of SAR 39.76 million in Q2 2018, compared to SAR 32.71 million in Q1 2018. Net profit for the second quarter fell 2 percent YoY.
|
Income Statement |
||
|
Item |
Q1 2018 |
Q2 2018 |
|
Sales (SAR mln) |
177.31 |
187.21 |
|
Net Profit (SAR mln) |
32.71 |
39.76 |
|
Average number of share (mln share) |
52.38 |
52.38 |
|
EPS (SAR/share) |
0.62 |
0.76 |
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