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Al Obeikan Glass Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SAR 102.69 million compared to SAR 133.97 million a year ago. Net income was SAR 24.23 million compared to SAR 56.11 million a year ago. Basic earnings per share from continuing operations was SAR 1.01 compared to SAR 2.34 a year ago.For the six months, sales was SAR 216.16 million compared to SAR 260.54 million a year ago. Net income was SAR 54.04 million compared to SAR 105.17 million a year ago. Basic earnings per share from continuing operations was SAR 2.25 compared to SAR 4.38 a year ago.
Period Ending: | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 |
---|---|---|---|---|
Total Revenue | 113.48 | 111.89 | 129.75 | 133.97 |
Gross Profit | 47.03 | 40.17 | 66.03 | 77.44 |
Operating Income | 32.41 | 26.66 | 51.8 | 58.82 |
Net Income | 29.81 | 23.22 | 49.26 | 56.11 |
Period Ending: | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 |
---|---|---|---|---|
Total Assets | 731.09 | 684.05 | 745.57 | 792.82 |
Total Liabilities | 165.42 | 148.18 | 221.32 | 269.84 |
Total Equity | 565.68 | 535.86 | 524.24 | 522.98 |
Period Ending: | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 38.65 | 27.17 | 42.05 | |
Cash From Investing Activities | -5.52 | 43.95 | -3.94 | |
Cash From Financing Activities | 19.76 | -56.29 | -95.53 | |
Net Change in Cash | 52.89 | 14.83 | -57.43 |
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