National Metal Manufacturing and Casting Co. (Maadaniyah) trimmed net loss after Zakat and tax by 5.1% year-on-year (YoY) to SAR 7.1 million for Q1 2021, driven by lower selling and distributing expenses, general and administrative expenses (G&As), and financial charges.
Item | Q1 2020 | Q1 2021 | Change |
---|---|---|---|
Revenues | 79.55 | 65.26 | (18.0 %) |
Gross Income | 3.63 | 3.62 | 0.0 % |
Operating Income | (5.73) | (5.47) | 4.6 % |
Net Income | (7.46) | (7.09) | 5.1 % |
Average Shares | 29.95 | 29.95 | - |
Earnings Per Share before unusual items (Riyals) | (0.25) | (0.24) | 5.1 % |
EPS (Riyals) | (0.25) | (0.24) | 5.1 % |
Item | Q4 2020 | Q1 2021 | Change |
---|---|---|---|
Revenues | 47.26 | 65.26 | 38.1 % |
Gross Income | (5.08) | 3.62 | 171.3 % |
Operating Income | (14.26) | (5.47) | 61.7 % |
Net Income | (19.78) | (7.09) | 64.2 % |
Average Shares | 29.95 | 29.95 | - |
Earnings Per Share before unusual items (Riyals) | (0.58) | (0.24) | 59.2 % |
EPS (Riyals) | (0.66) | (0.24) | 64.2 % |
When compared to the previous quarter, Q1 2021 net losses shrank by 64.2%.
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