Halwani Bros. Co. reported a net profit after zakat and tax of SAR 5.5 million for the first quarter of 2019, a 66.7 percent year-on-year (YoY) decrease on higher cost of goods sold, higher selling and distribution expenses, higher general and administrative expenses, and higher financial charges.
|Gross Income||61.41||59.27||(3.5 %)|
|Operating Income||24.99||17.23||(31.0 %)|
|Net Income||16.48||5.53||(66.5 %)|
|EPS (Riyal)||0.58||0.19||(66.5 %)|
The company has turned to profit in Q1 compared to a net loss of SAR 0.9 million in the previous quarter, due to higher sales, lower selling and distribution expenses and lower financial charges.
|P/E Before Unusual Items (TTM)||44.39|
|Market Cap. (M)||1,118.57|
|Return on Average Assets||3.13 %|
|Return on Average Equity||6.69 %|