AI Summary
Dr Sulaiman Al Habib Medical Group, which owns and runs hospitals and specialized medical centers, reported a net profit of SAR 870.2 million (SAR 2.49 per share) for the fiscal year 2019, a 9% year-on-year (YoY) increase.
|
Income Statement (SAR mln) |
|||
|
Period |
2018 |
2019 |
Variation (%) |
|
Sales (SAR mln) |
4,587.6 |
5,031.2 |
+10% |
|
Net profit (SAR mln) |
801.3 |
870.2 |
+9% |
|
Average number of shares (mln shares) |
350.0 |
350.0 |
-- |
|
EPS (SAR/share) |
2.29 |
2.49 |
+9% |
The increase in net profit is attributed to improved gross profit margins to reach 30.6% by the end of 2019 versus 29.7% in 2018 backed by sales growth at a higher pace compared to the increase of cost of sales.
Meanwhile, Zakat expenses fell 19% to SAR 65.7 million in 2019 from SAR 81.3 million a year earlier.
|
Income Statement Since 2015 (SAR mln) |
|||||
|
Period |
2015 |
2016 |
2017 |
2018 |
2019 |
|
Sales (SAR mln) |
5,122.6 |
4,617.2 |
4,379.0 |
4,587.6 |
5,031.2 |
|
Net profit (SAR mln) |
1,331.6 |
1,009.9 |
658.4 |
801.3 |
870.2 |
|
Average number of shares (mln shares) |
350.0 |
350.0 |
350.0 |
350.0 |
350.0 |
|
EPS (SAR/share) |
3.80 |
2.89 |
1.88 |
2.29 |
2.49 |
|
Balance Sheet Since 2015 (SAR mln) |
|||||
|
Period |
2015 |
2016 |
2017 |
2018 |
2019 |
|
Cash & cash equivalent |
1,099.9 |
871.3 |
1,140.5 |
1,369.1 |
1,196.7 |
|
Current assets |
3,318.1 |
3,227.5 |
3,293.7 |
3,210.7 |
3,285.0 |
|
Non-current assets |
2,407.8 |
3,492.3 |
3,705.8 |
4,330.5 |
5,182.3 |
|
Total assets |
5,725.9 |
6,719.7 |
6,999.5 |
7,541.2 |
8,467.3 |
|
Short-term loans |
195.7 |
276.4 |
281.5 |
228.5 |
239.9 |
|
Current liabilities |
1,147.7 |
1,221.5 |
1,303.1 |
1,364.2 |
1,495.3 |
|
Long-term loans |
711.7 |
904.2 |
927.3 |
1,338.3 |
1,780.3 |
|
Non-current liabilities |
857.0 |
1,084.3 |
1,147.4 |
1,619.7 |
2,381.2 |
|
Total liabilities |
2,004.7 |
2,305.7 |
2,450.5 |
2,983.9 |
3,876.5 |
|
Capital |
3,500.0 |
3,500.0 |
3,500.0 |
3,500.0 |
3,500.0 |
|
Shareholders’ equity |
3,634.0 |
4,274.0 |
4,318.6 |
4,328.0 |
4,393.9 |
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