‎Northern Cement catch income down 9% to SAR 48.1 mln in H1 2022; Q2 jumps 18% to SAR 24.7 mln

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04/08/2022
Argaam Irregular

Northern Scheme Cement Co. posted a 9% drop in H1 2022 catch income after Zakat and tax to SAR 48.1 million from SAR 52.9 million in the One year-earlier duration, hit by lower sales quantity and price.

The cement producer’s Q2 2022 catch income after Zakat and tax jumped 18% to SAR 24.7 million, when in contrast to SAR 21 million in the prior-One year duration, driven by greater income from distant places investment.

Present Quarter Comparability (M)

Item Q2 2021 Q2 2022 Alternate‬
Revenues
145.32

133.42
(8.2 %)
Disagreeable Profits
42.29

60.61
43.3 %
Working Profits
26.60

32.88
23.6 %
Catch Profits
21.04

24.74
17.6 %
Realistic Shares
180.00

180.00
EPS (Riyals)
0.12

0.14
17.6 %

When in contrast to Q1 2022, catch income grew by 6% from SAR 23.35 million on greater income from distant places investment.

Total shareholders’ equity, after minority hobby, reached SAR 2.211 billion as of June 30, 2022, when in contrast to SAR 2.208 billion a One year before.

Behold a form of reports

Share Tag

Northern Scheme Cement Co. ( NORTHERN CEMENT)

Present
Market Cap (M Riyal) 2,131.20
Project Cost (EV) (M) 2,944.33
Book Cost (BV) ( Riyal) 12.29
Adjusted P/E (Closing12) 22.44
P/E (TTM) 20.98
Tag/book 0.96
Return on Realistic Sources (%) (TTM) 3.1
Return on Realistic Equity (%) (TTM) 4.6

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