Southern Province Cement Co. posted a 52.9 percent increase year-on-year (YoY) in net profit after zakat and tax to SAR 211 million for H1 2019, backed by higher sales volumes and revenue, along with a decline in finance charges.
|Gross Income||172.83||250.41||44.9 %|
|Operating Income||147.27||223.20||51.6 %|
|Net Income||137.80||210.64||52.9 %|
|EPS (Riyal)||0.98||1.50||52.9 %|
The second quarter net profit after zakat and tax more than doubled YoY to SAR 91 million, also due to improved sales volumes and revenue.
When compared to Q1 2019, net profit decreased 24.2 percent on lower revenue and an increase in finance charges.
|2019 - Q2 (e)||2019 - Q2 (a)||Change|
|P/E Before Unusual Items (TTM)||28.14|
|Dividend Yield||5.43 %|
|Market Cap. (M)||7,532.00|
|Return on Average Assets||6.41 %|
|Return on Average Equity||8.27 %|