Al-Omran Industrial Trading Co. reported a net profit after Zakat and tax of SAR 611,000 for the fiscal year 2019, an 84% plunge year-on-year (YoY) on higher cost of sales, lower profit margins.
Moreover, continuous pressure on selling prices amid high competition also weighed negatively on the annual figures.
| Item | 2018 | 2019 | Change |
|---|---|---|---|
| Revenues | 116.05 | 115.22 | (0.7 %) |
| Gross Income | 23.33 | 20.90 | (10.4 %) |
| Operating Income | 6.54 | 3.36 | (48.6 %) |
| Net Income | 3.70 | 0.31 | (91.7 %) |
| Average Shares | 10.21 | 10.21 | - |
| EPS (Riyals) | 0.36 | 0.03 | (91.7 %) |
| Item | Q4 2018 | Q4 2019 | Change |
|---|---|---|---|
| Revenues | 22.11 | 22.72 | 2.7 % |
| Gross Income | 2.88 | 5.73 | 99.1 % |
| Operating Income | (0.99) | 0.57 | 157.6 % |
| Net Income | (1.74) | (1.32) | 23.8 % |
| Average Shares | 10.21 | 10.21 | - |
| EPS (Riyals) | (0.17) | (0.13) | 23.8 % |
| Item | Q3 2019 | Q4 2019 | Change |
|---|---|---|---|
| Revenues | 31.05 | 22.72 | (26.8 %) |
| Gross Income | 4.64 | 5.73 | 23.4 % |
| Operating Income | 0.00 | 0.57 | 57200.0 % |
| Net Income | (0.31) | (1.32) | (333.8 %) |
| Average Shares | 10.21 | 10.21 | - |
| EPS (Riyals) | (0.03) | (0.13) | (333.8 %) |
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