Saudi Arabia Refineries Co. (SARCO) reported a net profit of SAR 8.12 million for the first 9 months of 2019, a rise of 56.66 percent year-on-year (YoY), driven by dividend for H1 2019 from invested firm, Saudi Industrial Investment Group.
|Operating Income||(2.13)||(1.75)||17.8 %|
|Net Income||5.19||8.13||56.6 %|
|EPS (Riyal)||0.35||0.54||56.6 %|
SARCO incurred net losses of SAR 828,335 for Q3 2019, versus net profit of SAR 6.9 million in year-earlier period, due to lack of dividend from the investee company.
On a sequential basis, SARCO swung to losses in Q3.
|P/E Before Unusual Items (TTM)||39.09|
|Dividend Yield||1.79 %|
|Market Cap. (M)||684.00|
|Return on Average Assets||3.70 %|
|Return on Average Equity||3.78 %|