9588.SR | Riyadh Steel Co. Annual & Quarterly Income

Annual Income Statements

(In SAR)

Breakdown	2023	2022	2021	2020
Revenue	134.2 Million	156.1 Million	144.74 Million	110.83 Million
Cost of Revenue	112.14 Million	140.34 Million	132.85 Million	104.36 Million
Gross Profit	22.05 Million	15.75 Million	11.88 Million	6.46 Million
Operating Expenses	10.89 Million	9.02 Million	6.52 Million	3.15 Million
Selling, General and Administrative Expenses	10.89 Million	9.02 Million	6.52 Million	3.15 Million
Research and Development Expenses	-	-	-	-
Other Expenses	-	247.52 Thousand	-	-
Cost and Expenses	123.04 Million	149.37 Million	139.38 Million	107.52 Million
Operating Income	11.15 Million	6.73 Million	5.36 Million	3.3 Million
Interest Expense	1.83 Million	235.48 Thousand	266.14 Thousand	436.34 Thousand
Income Tax Expense	1.82 Million	1.36 Million	1.11 Million	1.06 Million
Earnings before Tax	12.96 Million	6.45 Million	5.59 Million	3.06 Million
Net Income	11.14 Million	5.09 Million	4.48 Million	2 Million
Earnings Per Share Basic	1.59	0.73	0.64	0.29
Earnings Per Share Diluted	1.59	0.73	0.64	0.29
Weighted Average Shares Outstanding	7 Million	7 Million	7 Million	7 Million
Weighted Average Shares Outstanding (Diluted)	7 Million	7 Million	7 Million	7 Million
Gross Margin	0.16	0.10	0.08	0.06
EBIT Margin	0.14	0.07	0.08	0.05
Profit Margin	0.08	0.03	0.03	0.02
EBITDA	19.39 Million	10.97 Million	12.63 Million	5.45 Million
Earnings Before Tax Margin	0.08	0.04	0.04	0.03

Breakdown	2024 Q2	2023 FY	2022 FY	2021 FY	2020 FY
Revenue	70.65 Million	134.2 Million	156.1 Million	144.74 Million	110.83 Million
Cost of Revenue	61.09 Million	112.14 Million	140.34 Million	132.85 Million	104.36 Million
Gross Profit	9.55 Million	22.05 Million	15.75 Million	11.88 Million	6.46 Million
Operating Expenses	6.16 Million	10.9 Million	9.02 Million	6.52 Million	3.15 Million
Selling, General and Administrative Expenses	6.16 Million	-	-	-	-
Research and Development Expenses	-	-	-	-	-
Other Expenses	-	-10.9 Million	247.52 Thousand	-	-
Cost and Expenses	67.25 Million	123.04 Million	149.37 Million	139.38 Million	107.52 Million
Operating Income	3.39 Million	11.15 Million	6.73 Million	5.36 Million	3.3 Million
Interest Expense	954.41 Thousand	593.72 Thousand	235.48 Thousand	266.14 Thousand	436.34 Thousand
Income Tax Expense	798.38 Thousand	1.82 Million	1.36 Million	1.11 Million	1.06 Million
Earnings before Tax	3.33 Million	12.96 Million	6.45 Million	5.59 Million	3.06 Million
Net Income	2.53 Million	11.14 Million	5.09 Million	4.48 Million	2 Million
Earnings Per Share Basic	0.36	-	-	-	-
Earnings Per Share Diluted	0.36	-	-	-	-
Weighted Average Shares Outstanding	7 Million	7 Million	7 Million	7 Million	7 Million
Weighted Average Shares Outstanding (Diluted)	7 Million	7 Million	7 Million	7 Million	7 Million
Gross Margin	0.14	0.16	0.10	0.08	0.06
EBIT Margin	0.09	-	-	-	-
Profit Margin	0.04	0.08	0.03	0.03	0.02
EBITDA	6.64 Million	-	-	-	-
Earnings Before Tax Margin	0.05	0.08	0.04	0.04	0.03