reports
- MarketLine Department
Mohammad Al-Mojil Group - Strategy, SWOT and Corporate Finance Report
Summary Mohammad Al-Mojil Group - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Mohammad Al-Mojil Group (MMG) is a construction company. It provides general contracting services for onshore and offshore oil and gas, and petrochemical projects. It offers constructi...
Increased risk weighs on ABDULLAH ABDUL MOHSIN, penalising its rating...
The independent financial analyst theScreener just lowered the general evaluation of ABDULLAH ABDUL MOHSIN (SA), active in the Heavy Construction industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date April 24, 2020, the...
- Selima MRABET
Is there some light at the end of the tunnel?
Al Khodari released its Q3 2017 results showing a 48.1% yoy decrease in its revenues to SAR433.18m. The difficult context remained unchanged on the local market, resulting in liquidity challenges arising from government payment delays, slow progress in the ongoing projects, and a decline in new projects awards. The company narrowed its losses by 38.8% yoy to SAR65.7m due mainly to a decline in direct costs by 48%, as well as a drop in general and administrative expenses by 29%.
- Kais KRIAA
Struggling to find a way to get out of the crisis
Al Khodari released its Q2 2017 figures showing a 50 % decrease, yoy, in its revenues to SAR127m due to the liquidity challenges, arising especially from government payment delays. Losses declined by 55.5% to SAR25m compared to Q2 2016. The drop in losses is linked to a decline in direct costs by 50% (SAR147m), as well as a drop in general and administrative expenses by 26%. On the other hand, other revenues increased by 7.5% due mainly to an increase in the sales of equipment in the annual a...
- Aymen SOUFI
Who can stop the bleeding?
Al Khodari has released its Q1 2017 figures showing a 48% decrease, yoy, in its revenue to SAR194m. On the other hand, the company’s direct costs decreased by only 42%, which threw its gross profit in red territory with a -6% gross margin (vs. 6% in Q1 2016). The company’s Q1 figures were marked by many changes with the adoption of the IFRS as of 1 January, 2017. The slow progress on projects and liquidity challenges resulting from delayed payments are among the reasons behind not only Al kh...
- Aymen SOUFI
Slightly worse than expected
The revenues decreased by 34% to SAR1.03bn in 2016 vs SAR1.5bn in 2015 due to a decline in revenue from Industrial Infrastructure, Building, and Environmental & Road sectors registered in the past quarters. On the other hand, the Direct Costs absorbed more than 100% of the revenues which resulted in a negative Gross Profit of SAR-53m . Even though the company’s costs decreased during 2016, this didn’t save the company from recording a bottom-line loss of SAR119m (vs.
Ford Equity International Rating and Forecast Report
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
- Aymen SOUFI
Losing money and bleeding cash
Revenue decreased 39% YoY due to decline in revenue from Industrial Infrastructure, Building, Environmental & Road sectors in Q3 2016. However, it was moderately offset by rise in revenue from O&M sector. The decline in revenue resulted in Gross loss of SAR35.4m in Q3 2016 which pulled down the EBITDA to SAR-15.3m in Q3 2016. Even though the G&AE cost declined by SAR 8.6m due to the savings in manpower costs and resource optimization, the bottom line is a 234% decline yoy (10% decline qoq) in n...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.