Baazeem posts 27% profit rise to SAR 26.3 mln in 2020

04/03/2021 Argaam Exclusive

View other reports

Share Price

Baazeem Trading Co.
64.60
(0.50) (0.77 %)

Baazeem Trading Co. (BAAZEEM)

More

Baazeem Trading Co. reported a net profit after Zakat and tax of SAR 26.3 million for 2020, up 27%, from SAR 20.6 million in the year-earlier period.

 

The company attributed the profit rise to higher revenue, and lower general and administrative expenses and finance cost.



Financials (M)

Item 2019 2020 Change‬
Revenues 260.26 285.48 9.7 %
Gross Income 83.46 110.72 32.7 %
Operating Income 27.82 32.39 16.5 %
Net Income 20.63 26.27 27.4 %
Average Shares 10.13 10.13 -
EPS (Riyals) 2.04 2.59 27.4 %

The company’s Q4 2020 net profit after Zakat and tax increased by 14% year-on-year (YoY) to SAR 5.9 million.



Current Quarter Comparison (M)

Compared With The
Item Q4 2019 Q4 2020 Change‬
Revenues 68.70 66.86 (2.7 %)
Gross Income 23.31 26.89 15.4 %
Operating Income 7.61 7.10 (6.8 %)
Net Income 5.14 5.88 14.4 %
Average Shares 10.13 10.13 -
EPS (Riyals) 0.51 0.58 14.4 %

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.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.