Alandalus Property’s H1 net profit rises 3%

28/07/2016 Argaam Exclusive

View other reports

 

Alandalus Property Co. reported a net profit of SAR 49.5 million for the first half of 2016, a 2.7 percent year-on-year increase on higher other revenues and lower zakat and financing costs.

 

Operating profit fell due to general, administrative, and marketing expenses that rose despite the fact that gross profit increased on higher rent revenues. 



Financials (M)

Item 6m 2015 6m 2016 Change‬
Revenues 61.30 63.76 4.0 %
Gross Income 38.65 40.01 3.5 %
Operating Income 34.81 34.08 (2.1 %)
Net Income 48.22 49.65 3.0 %
Average Shares 93.33 93.33 -
EPS (Riyals) 0.52 0.53 3.0 %

The company’s Q2 net profit of SAR 24.8 million edged up 0.65 percent when compared to the same quarter last year and 0.5 percent compared to previous quarter.



Current Quarter Comparison (M)

Compared With The
Item Q2 2015 Q2 2016 Change‬
Revenues 31.72 32.06 1.1 %
Gross Income 20.42 20.17 (1.2 %)
Operating Income 18.53 17.15 (7.5 %)
Net Income 24.67 24.85 0.8 %
Average Shares 93.33 93.33 -
EPS (Riyals) 0.26 0.27 0.8 %


Financial results (Million)

Period Revenues Change Gross Income Change Net Income Change EPS(Riyal)
Q1 2007 - - - - - - -
Q2 2007 - - - - - - -
Q3 2007 - - - - - - -
Q4 2007 - - - - - - -
Q1 2008 - - - - - - -
Q2 2008 - - - - - - -
Q3 2008 - - - - - - -
Q4 2008 - - - - - - -
Q1 2009 - - - - - - -
Q2 2009 - - - - - - -
Q3 2009 - - - - - - -
Q4 2009 - - - - - - -
Q1 2010 - - - - - - -
Q2 2010 - - - - - - -
Q3 2010 - - - - - - -
Q4 2010 - - - - - - -
Q1 2011 - - - - - - -
Q2 2011 - - - - - - -
Q3 2011 - - - - - - -
Q4 2011 - - - - - - -
Q1 2012 - - - - - - -
Q2 2012 - - - - - - -
Q3 2012 - - - - - - -
Q4 2012 - - - - - - -
Q1 2013 - - - - - - -
Q2 2013 - - - - - - -
Q3 2013 - - - - - - -
Q4 2013 - - - - - - -
Q1 2014 23.73 - 16.02 - 21.42 - 0.23
Q2 2014 25.53 - 18.57 - 21.90 - 0.23
Q3 2014 27.33 - 18.47 - 21.88 - 0.23
Q4 2014 26.03 - 17.60 - 21.61 - 0.23
Q1 2015 29.58 24.7 % 18.23 13.8 % 23.55 10.0 % 0.25
Q2 2015 31.72 24.3 % 20.42 10.0 % 24.67 12.6 % 0.26
Q3 2015 33.06 21.0 % 19.76 7.0 % 24.18 10.5 % 0.26
Q4 2015 32.37 24.4 % 16.66 (5.4 %) 21.68 0.3 % 0.23
Q1 2016 31.69 7.1 % 19.84 8.8 % 24.80 5.3 % 0.27
Q2 2016 32.06 1.1 % 20.17 (1.2 %) 24.85 0.8 % 0.27

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2007 - - -
Q2 2007 - - -
Q3 2007 - - -
Q4 2007 - - -
Q1 2008 - - -
Q2 2008 - - -
Q3 2008 - - -
Q4 2008 - - -
Q1 2009 - - -
Q2 2009 - - -
Q3 2009 - - -
Q4 2009 - - -
Q1 2010 - - -
Q2 2010 - - -
Q3 2010 - - -
Q4 2010 - - -
Q1 2011 - - -
Q2 2011 - - -
Q3 2011 - - -
Q4 2011 - - -
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 - - -
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 68.87 % 70.94 % 84.60 %
Q1 2015 67.19 % 69.22 % 82.01 %
Q2 2015 65.18 % 67.95 % 79.99 %
Q3 2015 63.15 % 66.03 % 78.09 %
Q4 2015 59.24 % 61.65 % 74.23 %
Q1 2016 59.52 % 61.03 % 73.99 %
Q2 2016 59.17 % 59.81 % 73.93 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
Q1 2007 - - - -
Q2 2007 - - - -
Q3 2007 - - - -
Q4 2007 - - - -
Q1 2008 - - - -
Q2 2008 - - - -
Q3 2008 - - - -
Q4 2008 - - - -
Q1 2009 - - - -
Q2 2009 - - - -
Q3 2009 - - - -
Q4 2009 - - - -
Q1 2010 - - - -
Q2 2010 - - - -
Q3 2010 - - - -
Q4 2010 - - - -
Q1 2011 - - - -
Q2 2011 - - - -
Q3 2011 - - - -
Q4 2011 - - - -
Q1 2012 - - - -
Q2 2012 - - - -
Q3 2012 - - - -
Q4 2012 - - - -
Q1 2013 - - - -
Q2 2013 - - - -
Q3 2013 - - - -
Q4 2013 - - - -
Q1 2014 93.33 - - 7.70
Q2 2014 93.33 - - 7.94
Q3 2014 93.33 - - 8.17
Q4 2014 93.33 0.93 0.93 8.40
Q1 2015 93.33 0.95 0.95 8.65
Q2 2015 93.33 0.98 0.98 8.92
Q3 2015 93.33 1.01 1.01 9.18
Q4 2015 93.33 1.01 1.01 9.41
Q1 2016 93.33 1.02 1.02 9.19
Q2 2016 93.33 1.02 1.02 9.08

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2007 - - -
Q2 2007 - - -
Q3 2007 - - -
Q4 2007 - - -
Q1 2008 - - -
Q2 2008 - - -
Q3 2008 - - -
Q4 2008 - - -
Q1 2009 - - -
Q2 2009 - - -
Q3 2009 - - -
Q4 2009 - - -
Q1 2010 - - -
Q2 2010 - - -
Q3 2010 - - -
Q4 2010 - - -
Q1 2011 - - -
Q2 2011 - - -
Q3 2011 - - -
Q4 2011 - - -
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 - - -
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 - - -
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 15.43 15.43 1.71
Q2 2016 14.79 14.79 1.67

Business Segments (Million)

Compared With The
Period Retail sector Office sector
Q1 2016 31.54 0.26
Q2 2016 32.10 0.26


Financial Ratios
Current
Market Cap (M Riyal) 2,333.25
Enterprise Value (EV) (M) 3,161.61
Shares Outstanding ((M)) 93.33
EPS ( Riyal) (TTM) 0.29
Book Value (BV) ( Riyal) 11.29
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) More than 100
P/E (TTM) More than 100
Price/book 2.22
Return on Average Assets (%) (TTM) 1.2
Return on Average Equity (%) (TTM) 2.5
more

Share Price

Alandalus Property Co.
25.00
0.12 0.48 %

Alandalus Property Co. (ALANDALUS)

More

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.