Arab Sea swings to net profit of SAR 1.5 mln in H1

31/07/2017 Argaam Exclusive

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Arab Sea Information Systems Co. swung to a net profit of SAR 1.46 million for the first half of 2017, attributed to a 5 percent rise in operating revenue, lower operating costs, selling, general, and administrative expenses.

The company had posted a net loss of SAR 1.09 million in the same period last year.

Financials (M)

Item	6m 2016	6m 2017	Change‬
Revenues	23.88	25.09	5.0 %
Gross Income	6.42	8.46	31.8 %
Operating Income	(1.09)	1.63	249.2 %
Net Income	(1.10)	1.46	233.0 %
Average Shares	100.00	100.00	-
EPS (Riyals)	(0.01)	0.01	233.0 %

Arab Sea made a net profit of SAR 789,125 in Q2 2017 versus a net loss of SAR 369,864 in the same quarter last year. This quarter’s profit was backed by higher operating revenue and lower operating costs, the company said in a statement. Net profit also jumped 18.3 percent quarter-on-quarter.

Current Quarter Comparison (M)

Compared With The

Item	Q2 2016	Q2 2017	Change‬
Revenues	11.31	11.63	2.9 %
Gross Income	3.46	4.02	16.2 %
Operating Income	(0.45)	0.88	295.7 %
Net Income	(0.37)	0.79	313.2 %
Average Shares	100.00	100.00	-
EPS (Riyals)	0.00	0.01	313.2 %

Item	Q1 2017	Q2 2017	Change‬
Revenues	13.46	11.63	(13.6 %)
Gross Income	4.45	4.02	(9.6 %)
Operating Income	0.75	0.88	16.2 %
Net Income	0.67	0.79	18.3 %
Average Shares	100.00	100.00	-
EPS (Riyals)	0.01	0.01	18.3 %

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
Q1 2008	-	-	-	-	-	-	-
Q2 2008	-	-	-	-	-	-	-
Q3 2008	-	-	-	-	-	-	-
Q4 2008	-	-	-	-	-	-	-
2008	-	-	-	-	-	-	-
Q1 2009	-	-	-	-	-	-	-
Q2 2009	-	-	-	-	-	-	-
Q3 2009	-	-	-	-	-	-	-
Q4 2009	-	-	-	-	-	-	-
2009	-	-	-	-	-	-	-
Q1 2010	-	-	-	-	-	-	-
Q2 2010	-	-	-	-	-	-	-
Q3 2010	-	-	-	-	-	-	-
Q4 2010	-	-	-	-	-	-	-
2010	-	-	-	-	-	-	-
Q1 2011	-	-	-	-	-	-	-
Q2 2011	-	-	-	-	-	-	-
Q3 2011	-	-	-	-	-	-	-
Q4 2011	-	-	-	-	-	-	-
2011	-	-	-	-	-	-	-
Q1 2012	-	-	-	-	-	-	-
Q2 2012	-	-	-	-	-	-	-
Q3 2012	-	-	-	-	-	-	-
Q4 2012	-	-	-	-	-	-	-
2012	-	-	-	-	-	-	-
Q1 2013	-	-	-	-	-	-	-
Q2 2013	-	-	-	-	-	-	-
Q3 2013	-	-	-	-	-	-	-
Q4 2013	-	-	-	-	-	-	-
2013	53.68	-	22.36	-	10.15	-	0.10
Q1 2014	-	-	-	-	-	-	-
Q2 2014	-	-	-	-	-	-	-
Q3 2014	-	-	-	-	-	-	-
Q4 2014	-	-	-	-	-	-	-
2014	59.33	10.5 %	26.90	20.3 %	17.36	71.1 %	0.17
Q1 2015	-	-	-	-	-	-	-
Q2 2015	-	-	-	-	-	-	-
Q3 2015	-	-	-	-	-	-	-
Q4 2015	13.97	-	7.92	-	2.77	-	0.03
2015	60.05	1.2 %	25.09	(6.8 %)	5.92	(65.9 %)	0.06
Q1 2016	12.58	-	2.96	-	(0.73)	-	(0.01)
Q2 2016	11.31	-	3.46	-	(0.37)	-	0.00
Q3 2016	13.08	-	8.60	-	5.67	-	0.06
Q4 2016	14.97	7.2 %	5.53	(30.2 %)	0.72	(74.2 %)	0.01
2016	51.78	(13.8 %)	19.67	(21.6 %)	5.36	(9.4 %)	0.05
Q1 2017	13.46	7.0 %	4.45	50.1 %	0.67	191.9 %	0.01
Q2 2017	11.63	2.9 %	4.02	16.2 %	0.79	313.2 %	0.01

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
2007	-	-	-	-	-	-	-
2008	-	-	-	-	-	-	-
2009	-	-	-	-	-	-	-
2010	-	-	-	-	-	-	-
2011	-	-	-	-	-	-	-
2012	-	-	-	-	-	-	-
2013	53.68	-	22.36	-	10.15	-	0.10
2014	59.33	10.5 %	26.90	20.3 %	17.36	71.1 %	0.17
2015	60.05	1.2 %	25.09	(6.8 %)	5.92	(65.9 %)	0.06
2016	51.78	(13.8 %)	19.67	(21.6 %)	5.36	(9.4 %)	0.05

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2008	-	-	-
Q2 2008	-	-	-
Q3 2008	-	-	-
Q4 2008	-	-	-
2008	-	-	-
Q1 2009	-	-	-
Q2 2009	-	-	-
Q3 2009	-	-	-
Q4 2009	-	-	-
2009	-	-	-
Q1 2010	-	-	-
Q2 2010	-	-	-
Q3 2010	-	-	-
Q4 2010	-	-	-
2010	-	-	-
Q1 2011	-	-	-
Q2 2011	-	-	-
Q3 2011	-	-	-
Q4 2011	-	-	-
2011	-	-	-
Q1 2012	-	-	-
Q2 2012	-	-	-
Q3 2012	-	-	-
Q4 2012	-	-	-
2012	-	-	-
Q1 2013	-	-	-
Q2 2013	-	-	-
Q3 2013	-	-	-
Q4 2013	-	-	-
2013	41.65 %	36.30 %	18.90 %
Q1 2014	-	-	-
Q2 2014	-	-	-
Q3 2014	-	-	-
Q4 2014	-	-	-
2014	45.34 %	32.89 %	29.26 %
Q1 2015	-	-	-
Q2 2015	-	-	-
Q3 2015	-	-	-
Q4 2015	-	-	-
2015	41.78 %	26.54 %	9.85 %
Q1 2016	-	-	-
Q2 2016	-	-	-
Q3 2016	45.04 %	34.66 %	14.43 %
Q4 2016	39.57 %	30.62 %	10.19 %
2016	37.98 %	30.85 %	10.35 %
Q1 2017	41.71 %	33.18 %	12.66 %
Q2 2017	42.51 %	35.91 %	14.76 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2007	-	-	-
2008	-	-	-
2009	-	-	-
2010	-	-	-
2011	-	-	-
2012	-	-	-
2013	41.65 %	36.30 %	18.90 %
2014	45.34 %	32.89 %	29.26 %
2015	41.78 %	26.54 %	9.85 %
2016	37.98 %	30.85 %	10.35 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
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	56.69 %	38.28 %	19.84 %
Q1 2016	23.56 %	13.99 %	(5.77 %)
Q2 2016	30.58 %	18.17 %	(3.27 %)
Q3 2016	65.77 %	64.94 %	43.37 %
Q4 2016	36.91 %	24.00 %	4.78 %
Q1 2017	33.04 %	25.15 %	4.96 %
Q2 2017	34.54 %	31.04 %	6.78 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
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	100.00	-	-	1.83
Q1 2016	100.00	-	-	1.82
Q2 2016	100.00	-	-	1.82
Q3 2016	100.00	0.07	0.07	1.88
Q4 2016	100.00	0.05	0.05	1.88
Q1 2017	100.00	0.07	0.07	1.89
Q2 2017	100.00	0.08	0.08	1.90

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2007	-	-	-	-
2008	-	-	-	-
2009	-	-	-	-
2010	-	-	-	-
2011	-	-	-	-
2012	-	-	-	-
2013	100.00	0.10	0.10	1.61
2014	100.00	0.17	0.17	1.77
2015	100.00	0.06	0.06	1.83
2016	100.00	0.05	0.05	1.88

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
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	-	-	-
Q2 2016	-	-	-
Q3 2016	-	-	-
Q4 2016	-	-	-
Q1 2017	26.45	26.45	0.94
Q2 2017	18.20	18.20	0.75

Period	P/E	Adjusted P/E	Price/book
2007	-	-	-
2008	-	-	-
2009	-	-	-
2010	-	-	-
2011	-	-	-
2012	-	-	-
2013	-	-	-
2014	-	-	-
2015	-	-	-
2016	-	-	-

Financial Ratios

	Current
Market Cap (M Riyal)	676.00
Enterprise Value (EV) (M)	672.33
Shares Outstanding ((M))	100.00
Book Value (BV) ( Riyal)	1.27
Par Value ( Riyal)	1.00
Adjusted P/E (Last12)	Neg
Price/book	5.32

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Arab Sea swings to net profit of SAR 1.5 mln in H1

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Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Financial Ratios

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Arab Sea swings to net profit of SAR 1.5 mln in H1

View other reports

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Financial Ratios

Comments {{getCommentCount()}}

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

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