National Gypsum Co.’s (NGC) net profit jumped 67% year-on-year (YoY) to SAR 1.3 million in Q1 2025, from SAR 789,000, due to lower cost of sales.
Item | Q1 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 16.85 | 16.75 | (0.6 %) |
Gross Income | 2.21 | 3.27 | 48.4 % |
Operating Income | (0.15) | 0.50 | 441.8 % |
Net Income | 0.79 | 1.32 | 67.3 % |
Average Shares | 31.67 | 31.67 | - |
Earnings Per Share before unusual items (Riyal) | 0.02 | 0.04 | 67.3 % |
EPS (Riyal) | 0.02 | 0.04 | 67.3 % |
Item | Q4 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 13.32 | 16.75 | 25.8 % |
Gross Income | (0.54) | 3.27 | 707.2 % |
Operating Income | (6.50) | 0.50 | 107.7 % |
Net Income | (4.54) | 1.32 | 129.1 % |
Average Shares | 31.67 | 31.67 | - |
Earnings Per Share before unusual items (Riyal) | (0.14) | 0.04 | 129.1 % |
EPS (Riyal) | (0.14) | 0.04 | 129.1 % |
Meanwhile, the company turned to profit from a loss of SAR 4.54 million in Q4 2024.
Shareholders’ equity, no minority interest, declined to SAR 346.3 million as of March 31, 2025, from SAR 360.9 million a year earlier.
Accumulated losses reached SAR 65.49 million by the end of Q1 2025, representing 20.68% of capital.
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