Reported Earnings • Aug 15
Second quarter 2026 earnings released: EPS: ر.س0.04 (vs ر.س0.17 in 2Q 2025) Second quarter 2026 results: EPS: ر.س0.04 (down from ر.س0.17 in 2Q 2025). Revenue: ر.س159.8m (down 37% from 2Q 2025). Net income: ر.س8.99m (down 74% from 2Q 2025). Profit margin: 5.6% (down from 14% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jul 27
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 26% to ر.س5.18. The fair value is estimated to be ر.س6.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 51% in the next 2 years. Upcoming Dividend • Jun 16
Upcoming dividend of ر.س0.17 per share Eligible shareholders must have bought the stock before 23 June 2026. Payment date: 12 July 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Saudi dividend payers (6.0%). Lower than average of industry peers (2.5%). 공고 • May 21
Arabian Pipes Company, Annual General Meeting, Jun 22, 2026 Arabian Pipes Company, Annual General Meeting, Jun 22, 2026, at 19:30 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • May 07
First quarter 2026 earnings released: EPS: ر.س0.10 (vs ر.س0.20 in 1Q 2025) First quarter 2026 results: EPS: ر.س0.10 (down from ر.س0.20 in 1Q 2025). Revenue: ر.س194.6m (down 22% from 1Q 2025). Net income: ر.س20.1m (down 50% from 1Q 2025). Profit margin: 10% (down from 16% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ر.س7.14, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Metals and Mining industry in Asia. Total returns to shareholders of 189% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س4.27 per share. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ر.س5.68, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Metals and Mining industry in Asia. Total returns to shareholders of 144% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س4.41 per share. Buy Or Sell Opportunity • Mar 26
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to ر.س5.42. The fair value is estimated to be ر.س4.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. New Risk • Mar 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 04
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ر.س0.55 (down from ر.س0.84 in FY 2024). Revenue: ر.س874.1m (down 23% from FY 2024). Net income: ر.س110.5m (down 34% from FY 2024). Profit margin: 13% (down from 15% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 31% per year. Buy Or Sell Opportunity • Feb 11
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at ر.س5.28. The fair value is estimated to be ر.س4.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Buy Or Sell Opportunity • Jan 27
Now 21% overvalued Over the last 90 days, the stock has fallen 6.4% to ر.س5.29. The fair value is estimated to be ر.س4.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: ر.س0.14 (vs ر.س0.22 in 3Q 2024) Third quarter 2025 results: EPS: ر.س0.14 (down from ر.س0.22 in 3Q 2024). Revenue: ر.س233.3m (down 27% from 3Q 2024). Net income: ر.س27.8m (down 37% from 3Q 2024). Profit margin: 12% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 05
Second quarter 2025 earnings released: EPS: ر.س0.17 (vs ر.س0.28 in 2Q 2024) Second quarter 2025 results: EPS: ر.س0.17 (down from ر.س0.28 in 2Q 2024). Revenue: ر.س254.4m (down 26% from 2Q 2024). Net income: ر.س34.4m (down 40% from 2Q 2024). Profit margin: 14% (down from 17% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ر.س6.72, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 24x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 138% over the past three years. Upcoming Dividend • May 28
Upcoming dividend of ر.س0.15 per share Eligible shareholders must have bought the stock before 04 June 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Saudi dividend payers (5.3%). Lower than average of industry peers (2.7%). Reported Earnings • May 15
First quarter 2025 earnings released: EPS: ر.س0.27 (vs ر.س0.36 in 1Q 2024) First quarter 2025 results: EPS: ر.س0.27 (down from ر.س0.36 in 1Q 2024). Revenue: ر.س248.9m (down 19% from 1Q 2024). Net income: ر.س40.2m (down 27% from 1Q 2024). Profit margin: 16% (down from 18% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. 공고 • May 14
Arabian Pipes Company, Annual General Meeting, Jun 03, 2025 Arabian Pipes Company, Annual General Meeting, Jun 03, 2025, at 20:00 Arab Standard Time. Location: riyadh Saudi Arabia Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ر.س8.90, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 26x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 164% over the past three years. New Risk • Apr 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (100% net debt to equity). Share price has been volatile over the past 3 months (5.8% average weekly change). Reported Earnings • Mar 07
Full year 2024 earnings released: EPS: ر.س1.12 (vs ر.س0.88 in FY 2023) Full year 2024 results: EPS: ر.س1.12 (up from ر.س0.88 in FY 2023). Revenue: ر.س1.14b (up 5.7% from FY 2023). Net income: ر.س168.2m (up 27% from FY 2023). Profit margin: 15% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jan 08
Now 90% undervalued after recent price drop Over the last 90 days, the stock has fallen 91% to ر.س12.02. The fair value is estimated to be ر.س119, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 7.3% per annum over the same time period. Reported Earnings • Nov 12
Third quarter 2024 earnings released: EPS: ر.س2.93 (vs ر.س2.99 in 3Q 2023) Third quarter 2024 results: EPS: ر.س2.93 (down from ر.س2.99 in 3Q 2023). Revenue: ر.س318.5m (up 14% from 3Q 2023). Net income: ر.س43.9m (down 2.1% from 3Q 2023). Profit margin: 14% (down from 16% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 14
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at ر.س134. The fair value is estimated to be ر.س111, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period. Buy Or Sell Opportunity • Sep 22
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to ر.س136. The fair value is estimated to be ر.س113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period. Buy Or Sell Opportunity • Aug 28
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 29% to ر.س137. The fair value is estimated to be ر.س113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period. Reported Earnings • Aug 07
Second quarter 2024 earnings released: EPS: ر.س5.70 (vs ر.س2.22 in 2Q 2023) Second quarter 2024 results: EPS: ر.س5.70 (up from ر.س2.22 in 2Q 2023). Revenue: ر.س343.1m (up 29% from 2Q 2023). Net income: ر.س57.0m (up 72% from 2Q 2023). Profit margin: 17% (up from 13% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 06
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to ر.س141. The fair value is estimated to be ر.س115, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings are also forecast to grow by 8.0% per annum over the same time period. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment deteriorates as stock falls 33% After last week's 33% share price decline to ر.س133, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Metals and Mining industry in Asia. Total returns to shareholders of 52% over the past three years. 공고 • May 24
Arabian Pipes Company Announces Formation of Audit Committee Arabian Pipes Company announced the formation of the Audit Committee for the new term starting on May 22, 2024, and ending on May 21, 2027, based on Board of Directors resolution issued on May 22, 2024, as follows: Mr. Saad bin Falah Al-Qahtani as Member. He holds a Bachelor's degree in Accounting and a Master's degree in Finance and Investment. He also possesses several certifications and has completed various courses in finance and accounting. Additionally, he is a board member and audit committee member in several listed and unlisted companies. Mr. Maan Yousef Abalkhail as Member. He holds a Bachelor's degree in Business Administration with a specialization in Accounting from King Saud University. He began his professional career at PricewaterhouseCoopers (PWC), working in audit and external review. He subsequently transitioned to corporate banking management roles at Samba Financial Group, the National Commercial Bank (NCB), Saudi Fransi Bank, and Al Rajhi Bank. Mr. Saleh Abdullah Al Yahya (external member) as Member. He holds a Bachelor's degree in Accounting and the Saudi Organization for Certified Public Accountants (SOCPA) fellowship. He also possesses several certifications and has completed various courses in finance and accounting. Additionally, he is a member of audit committees in several listed and unlisted companies. Mr. Khaled Saleh Al-Tarifi (external member) as Member. He holds a Bachelor's degree in Accounting, the American Institute of Certified Public Accountants (CPA) fellowship, and the Saudi Organization for Certified Public Accountants (SOCPA) fellowship. He also has completed many advanced professional courses. Additionally, he is a board member and audit committee member in several listed and unlisted companies. Reported Earnings • May 23
First quarter 2024 earnings released: EPS: ر.س5.48 (vs ر.س1.33 in 1Q 2023) First quarter 2024 results: EPS: ر.س5.48 (up from ر.س1.33 in 1Q 2023). Revenue: ر.س308.7m (up 34% from 1Q 2023). Net income: ر.س54.8m (up 312% from 1Q 2023). Profit margin: 18% (up from 5.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. 공고 • May 16
Arabian Pipes Company Elects Abdulaziz Ali Abdulaziz Almasood to the Board of Directors, Effective May 22, 2024 Arabian Pipes Company announced at ordinary general assembly held on May 14, 2024, the shareholders elected Mr. Abdulaziz Ali Abdulaziz Almasood to the board of directors starting from May 22, 2024, for a period of three years ending on May 21, 2027. Board Change • Apr 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Director Abdullah Bin Al-Harbi was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 14
Full year 2023 earnings released: EPS: ر.س13.21 (vs ر.س0.90 in FY 2022) Full year 2023 results: EPS: ر.س13.21 (up from ر.س0.90 in FY 2022). Revenue: ر.س1.08b (up 102% from FY 2022). Net income: ر.س132.1m (up ر.س123.1m from FY 2022). Profit margin: 12% (up from 1.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ر.س150, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 37x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 83% over the past three years. Buy Or Sell Opportunity • Jan 29
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 42% to ر.س137. The fair value is estimated to be ر.س114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Nov 07
Third quarter 2023 earnings released: EPS: ر.س4.48 (vs ر.س0.99 in 3Q 2022) Third quarter 2023 results: EPS: ر.س4.48 (up from ر.س0.99 in 3Q 2022). Revenue: ر.س279.1m (up 59% from 3Q 2022). Net income: ر.س44.8m (up 351% from 3Q 2022). Profit margin: 16% (up from 5.7% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ر.س106, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 34x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 78% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ر.س94.50, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 28x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 33% over the past three years. Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: ر.س3.33 (vs ر.س0.42 loss in 2Q 2022) Second quarter 2023 results: EPS: ر.س3.33 (up from ر.س0.42 loss in 2Q 2022). Revenue: ر.س265.0m (up 278% from 2Q 2022). Net income: ر.س33.3m (up ر.س37.5m from 2Q 2022). Profit margin: 13% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ر.س70.00, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 23x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 35% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Director Abdullah Bin Al-Harbi was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • Sep 09
Arabian Pipes Company Announces Resignation of Faisal Mohammed Alharbi as Board Member, Effective from September 11, 2022 Arabian Pipes Company announced that its Board of Directors has accepted the resignation of Mr. Faisal Mohammed Alharbi (Non-Executive Member) from the membership of the Board of Directors and its committees effective from September 11, 2022. Reported Earnings • Sep 02
Second quarter 2022 earnings released: ر.س0.43 loss per share (vs ر.س1.31 loss in 2Q 2021) Second quarter 2022 results: ر.س0.43 loss per share (up from ر.س1.31 loss in 2Q 2021). Revenue: ر.س70.0m (down 44% from 2Q 2021). Net loss: ر.س4.25m (loss narrowed 67% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 04
First quarter 2022 earnings released First quarter 2022 results: Revenue: ر.س63.1m (down 51% from 1Q 2021). Net loss: ر.س13.2m (down ر.س14.2m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. 공고 • Jun 02
Arabian Pipes Company, Annual General Meeting, Jun 22, 2022 Arabian Pipes Company, Annual General Meeting, Jun 22, 2022, at 17:30 Coordinated Universal Time. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Director Abdullah Bin Al-Harbi was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 12
Full year 2021 earnings released: ر.س1.50 loss per share (vs ر.س19.53 loss in FY 2020) Full year 2021 results: ر.س1.50 loss per share (up from ر.س19.53 loss in FY 2020). Revenue: ر.س395.0m (up 7.0% from FY 2020). Net loss: ر.س60.1m (loss narrowed 69% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Nov 23
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: ر.س0.42 loss per share (down from ر.س0.086 loss in 3Q 2020). Revenue: ر.س92.6m (down 43% from 3Q 2020). Net loss: ر.س16.8m (loss widened 387% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • Aug 31
Second quarter 2021 earnings released: ر.س0.33 loss per share (vs ر.س0.47 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: ر.س124.1m (up 174% from 2Q 2020). Net loss: ر.س13.1m (loss narrowed 31% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Reported Earnings • Jul 10
First quarter 2021 earnings released: EPS ر.س0.024 (vs ر.س0.42 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ر.س129.3m (up 95% from 1Q 2020). Net income: ر.س950.0k (up ر.س17.8m from 1Q 2020). Profit margin: 0.7% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 17
New 90-day high: ر.س21.62 The company is up 18% from its price of ر.س18.30 on 19 November 2020. The Saudi market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 15% over the same period. Is New 90 Day High Low • Feb 01
New 90-day high: ر.س20.78 The company is up 44% from its price of ر.س14.46 on 03 November 2020. The Saudi market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 14% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: ر.س20.26 The company is up 9.0% from its price of ر.س18.64 on 15 October 2020. The Saudi market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period. Reported Earnings • Nov 21
Third quarter 2020 earnings released: ر.س0.086 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ر.س162.0m (down 23% from 3Q 2019). Net loss: ر.س3.45m (down 138% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 15
New 90-day high: ر.س19.24 The company is up 51% from its price of ر.س12.78 on 16 July 2020. The Saudi market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 18% over the same period.