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AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Net Income : ﷼17.6 Mil (TTM As of Dec. 2023)


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What is AlMuneef Co For Trade Industry Agriculture And Contracting Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. AlMuneef Co For Trade Industry Agriculture And Contracting's Net Income for the six months ended in Dec. 2023 was ﷼7.0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was ﷼17.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. AlMuneef Co For Trade Industry Agriculture And Contracting's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was ﷼1.85.


AlMuneef Co For Trade Industry Agriculture And Contracting Net Income Historical Data

The historical data trend for AlMuneef Co For Trade Industry Agriculture And Contracting's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AlMuneef Co For Trade Industry Agriculture And Contracting Net Income Chart

AlMuneef Co For Trade Industry Agriculture And Contracting Annual Data
Trend Dec21 Dec22 Dec23
Net Income
- 20.63 17.58

AlMuneef Co For Trade Industry Agriculture And Contracting Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Net Income 11.77 8.85 10.54 7.04

AlMuneef Co For Trade Industry Agriculture And Contracting Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

AlMuneef Co For Trade Industry Agriculture And Contracting's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=19.993+-2.412+0+0
=17.6

AlMuneef Co For Trade Industry Agriculture And Contracting's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=8.952+-1.912+0+0
=7.0

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼17.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AlMuneef Co For Trade Industry Agriculture And Contracting  (SAU:9569) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

AlMuneef Co For Trade Industry Agriculture And Contracting's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


AlMuneef Co For Trade Industry Agriculture And Contracting Net Income Related Terms

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AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Business Description

Traded in Other Exchanges
N/A
Address
Building No. 5065, Unit No. 1, Al-Manakh District, Riyadh, SAU, 14314
AlMuneef Co For Trade Industry Agriculture And Contracting is engaged in the business which includes operating quarries, cutting and sawing marble, renovation of residential and non-residential buildings, wholesale of chemical fertilizers and soil conditioners, and pesticides, as listed in the commercial register. wholesale of pesticides, wholesale of health pesticides, and retail of pesticides. Fuel for automobiles and motorcycles (gas stations), retail of seedlings and saplings of agricultural products, retail of plant seeds, fertilizers, and soil conditioners, retail of agricultural pesticides, land transportation of goods, silo storage of grains, flour, and agricultural products.

AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Headlines

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