The National Company for Glass Industries (Zoujaj) reported net losses of SAR 3.3 million for the first nine months of 2019, versus net profit of SAR 31.6 million in year-earlier period, driven by decreased profit share from associates, lower sales, and emergency maintenance works.
|Gross Income||24.97||6.00||(76.0 %)|
|Operating Income||14.69||(2.17)||(114.8 %)|
|Net Income||31.60||(3.36)||(110.6 %)|
|EPS (Riyal)||0.96||(0.10)||(110.6 %)|
The company incurred net losses of SAR 6.6 million in Q3 2019, versus net earnings of SAR 8.7 million in Q3 2018, due to sustaining operating losses, lower profit share from associates,
On a sequential basis, Q3 2019 net losses widened by 371.4 percent.
|P/E Before Unusual Items (TTM)||HIGH|
|Dividend Yield||4.17 %|
|Market Cap. (M)||602.73|
|Return on Average Assets||(0.54 %)|
|Return on Average Equity||(0.68 %)|