Najran Cement Company (TADAWUL:3002)

Najran Cement Company Income Statement

Financials in millions SAR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	534.51	485.65	535.69	581.55	623.2
Revenue Growth (YoY)	10.06%	-9.34%	-7.89%	-6.68%	49.66%
Cost of Revenue	391.57	358.44	366.57	352.42	374.71
Gross Profit	142.93	127.21	169.11	229.14	248.48
Selling, General & Admin	47.09	45.63	42.62	48.9	43.21
Operating Expenses	47.09	45.63	42.62	48.9	43.21
Operating Income	95.84	81.59	126.49	180.24	205.28
Interest Expense	-23.93	-23.05	-10.42	-7.38	-15.96
Other Non Operating Income (Expenses)	2.27	2.68	3.8	-1.85	1.29
EBT Excluding Unusual Items	74.19	61.22	119.87	171.01	190.61
Gain (Loss) on Sale of Assets	-0.03	0.1	-0.44	-	-
Pretax Income	74.16	61.31	119.43	171.01	190.61
Income Tax Expense	5.73	6.15	6.62	5.46	-10.33
Net Income	68.43	55.16	112.81	165.55	200.94
Net Income to Common	68.43	55.16	112.81	165.55	200.94
Net Income Growth	24.05%	-51.10%	-31.86%	-17.61%	275.48%
Shares Outstanding (Basic)	170	170	170	170	170
Shares Outstanding (Diluted)	170	170	170	170	170
EPS (Basic)	0.40	0.32	0.66	0.97	1.18
EPS (Diluted)	0.40	0.32	0.66	0.97	1.18
EPS Growth	24.05%	-51.10%	-31.86%	-17.61%	275.48%
Free Cash Flow	40.25	-38.3	42.28	217.19	348
Free Cash Flow Per Share	0.24	-0.23	0.25	1.28	2.05
Dividend Per Share	-	-	0.500	1.000	1.500
Dividend Growth	-	-	-50.00%	-33.33%	-
Gross Margin	26.74%	26.20%	31.57%	39.40%	39.87%
Operating Margin	17.93%	16.80%	23.61%	30.99%	32.94%
Profit Margin	12.80%	11.36%	21.06%	28.47%	32.24%
Free Cash Flow Margin	7.53%	-7.89%	7.89%	37.35%	55.84%
EBITDA	192.08	173	201.22	253.61	280.97
EBITDA Margin	35.94%	35.62%	37.56%	43.61%	45.08%
D&A For EBITDA	96.24	91.41	74.73	73.37	75.69
EBIT	95.84	81.59	126.49	180.24	205.28
EBIT Margin	17.93%	16.80%	23.61%	30.99%	32.94%
Effective Tax Rate	7.72%	10.03%	5.54%	3.19%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.