Aseer trims losses by 71% in 2019

26/03/2020 Argaam Exclusive

View other reports

Share Price

12.80
(0.02) (0.16 %)

Sinad Holding Co. (SINAD HOLDING)

Aseer Trading, Tourism and Manufacturing Co. narrowed net loss after Zakat and tax by 71% year-on-year (YoY) to SAR 30 million for FY19, driven by higher gross profit, lower investment losses and increased other income.



Financials (M)

Item 2018 2019 Change‬
Revenues 1,797.92 1,883.94 4.8 %
Gross Income 529.02 547.18 3.4 %
Operating Income 123.12 105.76 (14.1 %)
Net Income (104.23) (22.75) 78.2 %
Average Shares 126.39 126.39 -
EPS (Riyals) (0.82) (0.18) 78.2 %

Q4 2019 losses shrank by 80% YoY to SAR 21.8 million.



Current Quarter Comparison (M)

Compared With The
Item Q4 2018 Q4 2019 Change‬
Revenues 449.88 513.08 14.0 %
Gross Income 129.99 160.86 23.8 %
Operating Income 22.45 42.23 88.2 %
Net Income (109.49) (14.51) 86.8 %
Average Shares 126.39 126.39 -
EPS (Riyals) (0.87) (0.11) 86.8 %

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.