Morabaha Marina Financing Co. (MRNA) reported a decline of 17% in net profit after minority rights to SAR 30.4 million in 2024 from SAR 36.6 million in the previous year.
Item | 2023 | 2024 | Change |
---|---|---|---|
Net income from finance commissions | 123.07 | 135.73 | 10.3 % |
Net Income | 36.63 | 30.40 | (17.0 %) |
Average Shares | 71.43 | 71.43 | - |
Earnings Per Share before unusual items (Riyals) | 0.51 | 0.43 | (17.0 %) |
EPS (Riyal) | 0.51 | 0.43 | (17.0 %) |
Before minority rights, MRNA’s annual net profit reached SAR 22.7 million, down from SAR 31 million in the previous year.
Item | Q4 2023 | Q4 2024 | Change |
---|---|---|---|
Net income from finance commissions | 31.39 | 40.29 | 28.4 % |
Net Income | (3.42) | 10.42 | 404.4 % |
Average Shares | 71.43 | 71.43 | - |
Earnings Per Share before unusual items (Riyal) | (0.05) | 0.15 | 404.4 % |
EPS (Riyal) | (0.05) | 0.15 | 404.4 % |
Item | Q3 2024 | Q4 2024 | Change |
---|---|---|---|
Net income from finance commissions | 32.14 | 40.29 | 25.4 % |
Net Income | 8.20 | 10.42 | 27.1 % |
Average Shares | 71.43 | 71.43 | - |
Earnings Per Share before unusual items (Riyal) | 0.11 | 0.15 | 27.1 % |
EPS (Riyal) | 0.11 | 0.15 | 27.1 % |
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