Saudi Arabia Fertilizers Co. (SAFCO) reported a net profit of SAR 335.5 million for the first quarter of 2019, a 41.4 percent year-on-year (YoY) increase on lower cost of sales, and a decrease in general and administrative expenses.
The profit increase was also attributed to higher profit share from Ibn Al-Baytar Company.
|Gross Income||358.32||378.29||5.6 %|
|Operating Income||241.58||295.62||22.4 %|
|Net Income||237.20||335.47||41.4 %|
|EPS (Riyal)||0.57||0.81||41.4 %|
When compared to the previous quarter, Q1 net profit fell 41 percent due to lower sales quantities and lower selling prices.
|2019 - Q1 (e)||2019 - Q1 (a)||Change|
|P/E Before Unusual Items (TTM)||20.42|
|Dividend Yield||3.24 %|
|Market Cap. (M)||37,500.30|
|Return on Average Assets||19.26 %|
|Return on Average Equity||24.24 %|