The National Company for Glass Industries (ZOUJAJ) reported a net profit after zakat and tax of SAR 4.6 million, a 59.6 percent year-on-year (YoY) drop on lower profit share from associates and lower operating profit driven by lower production.
|Gross Income||8.72||6.48||(25.6 %)|
|Operating Income||5.03||3.53||(29.9 %)|
|Net Income||11.37||4.63||(59.3 %)|
|EPS (Riyal)||0.35||0.14||(59.3 %)|
The company turned to profit in Q1 compared to a net loss of SAR 0.9 million in the previous quarter mainly due to higher operating profit backed by higher sales. Also, the previous saw associate firm write off receivables worth SAR 10 million.
|P/E Before Unusual Items (TTM)||17.65|
|Dividend Yield||4.17 %|
|Market Cap. (M)||599.44|
|Return on Average Assets||2.96 %|
|Return on Average Equity||3.67 %|