Umm Al-Qura Cement Co.'s net profit more than tripled year-on-year (YoY) to SAR 33.78 million in H1 2019, due to higher revenue, and lower selling and marketing expenses.
|Gross Income||28.24||51.89||83.7 %|
|Operating Income||21.70||46.23||113.1 %|
|Net Income||10.37||33.78||225.7 %|
|EPS (Riyal)||0.19||0.61||225.7 %|
Net profit in Q2 2019 stood at SAR 12.29 million, compared to SAR 199,673, due to higher sales volumes, higher revenue and lower selling and marketing expenses.
On a quarterly basis, net profit decreased 42.85 percent, lower sales volumes and higher general and administrative expenses (G&As).
|2019 - Q2 (e)||2019 - Q2 (a)||Change|
|Company||2019 - Q2 (e)||2019 - Q2 (a)||Difference|
|P/E Before Unusual Items (TTM)||28.50|
|Market Cap. (M)||955.90|
|Return on Average Assets||2.66 %|
|Return on Average Equity||5.73 %|