Saudi Arabian Fertilizer Co. (SAFCO) reported a net profit after zakat and tax of SAR 1.47 billion for the fiscal year of 2019, a 15.5% year-on-year (YoY) decrease, the company said in a bourse statement on Thursday.
The drop was attributed to lower sales volumes and product prices, according to the statement.
|Gross Income||2,131.25||1,688.70||(20.8 %)|
|Operating Income||1,696.20||1,325.39||(21.9 %)|
|Net Income||1,738.44||1,468.39||(15.5 %)|
|EPS (Riyal)||4.17||3.52||(15.5 %)|
The company’s net profit for Q4 2019 fell 40.5% YoY to SAR 338.26 million on lower average selling prices for its products and lower profit share from Ibn Ibn Al-Baytar Co.
On a sequential basis, Q4 2019 net profit slid by 18.3% compared to the previous quarter.
|Period||Revenues||Gross Income||Net Income||EPS (Riyal)||Earnings Growth|
|2019 - Q4||845.58||425.62||338.26||0.81||(40.50 %)|
|2019 - Q3||909.71||465.08||414.21||0.99||(20.69 %)|
|2019 - Q2||813.61||419.71||380.44||0.91||(7.31 %)|
|2019 - Q1||718.68||378.29||335.47||0.81||41.43 %|
|2019 (e)||2019 (a)||Change|
|P/E Before Unusual Items (TTM)||22.39|
|Dividend Yield||3.87 %|
|Market Cap. (M)||32,875.26|
|Return on Average Assets||-|
|Return on Average Equity||18.51 %|