Leaf’s net profit jumps 50% to SAR 10.8M in H1 2024

01/09/2024 Argaam Exclusive
0

Leaf Global Environmental Services Co. reported a profit leap of 50% to SAR 10.8 million in the first half of 2024, compared to SAR 7.2 million in the year-earlier period.



Financials (M)

Item 6m 2023 6m 2024 Change‬
Revenues 21.83 25.19 15.4 %
Gross Income 12.65 11.11 (12.1 %)
Operating Income 7.58 5.59 (26.3 %)
Net Income 7.25 10.84 49.5 %
Average Shares 5.00 5.00 -
Earnings Per Share before unusual items 1.45 2.17 49.5 %
EPS (Riyals) 1.45 2.17 49.5 %

The profit growth was propelled by a year-on-year (YoY) rise in revenue, due to the company’s expansion in specialized services.

 

The company specialized in the fields of mangrove regeneration and coral regeneration, which is reflected on the current demand within the major projects being executed in the Kingdom.



Current Quarter Comparison (M)

Compared With The
Item Q2 2023 Q2 2024 Change‬
Revenues 21.83 25.19 15.4 %
Gross Income 12.65 11.11 (12.1 %)
Operating Income 7.58 5.59 (26.3 %)
Net Income 7.25 10.84 49.5 %
Average Shares 5.00 5.00 -
Earnings Per Share before unusual items 1.45 2.17 49.5 %
EPS (Riyals) 1.45 2.17 49.5 %

Shareholders’ equity, no minority interest, stood at SAR 35.93 million as of June 30, 2024, compared to SAR 26.71 million a year earlier.

 

Historical Data

Period

Revenue

(SAR mln)

Net Profit

(SAR mln)

EPS

(SAR)

H1 2023

21.83

7.25

1.45

H2 2023

22.6

8.45

1.69

H1 2024

25.19

10.84

2.17

 

View more financial results

 

View other reports

Share Price

Leaf Global Environmental Services Co.
93.00
(3.00) (3.13 %)

Leaf Global Environmental Services Co. (LEAF)

1 Day (3.13 %) 5 Days (5.68 %) 3 Months (27.23 %) 6 Months (11.09 %) Year 97.87 % 2 Years 97.87 % 5 Years 97.87 % All 97.87 %
Created with Highstock 6.0.710:2011:0011:0512:0012:0512:5513:0513:1013:2013:2513:4014:3014:5515:0015:1089.0090.0091.0092.0093.0094.0095.0096.0097.00
Close : 90.60 | Apr 15, 15:11
More


Financial Ratios
Current
Market Cap (M Riyal) 465.00
Enterprise Value (EV) (M) 460.58
Shares Outstanding ((M)) 5.00
Book Value (BV) ( Riyal) 8.20
Par Value ( Riyal) 5.00
Adjusted P/E (Last12) 30.03
Price/book 11.34
more


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2015 - - - - - -
Q2 2015 - - - - - -
Q3 2015 - - - - - -
Q4 2015 - - - - - -
Q1 2016 - - - - - -
Q2 2016 - - - - - -
Q3 2016 - - - - - -
Q4 2016 - - - - - -
Q1 2017 - - - - - -
Q2 2017 - - - - - -
Q3 2017 - - - - - -
Q4 2017 - - - - - -
Q1 2018 - - - - - -
Q2 2018 - - - - - -
Q3 2018 - - - - - -
Q4 2018 - - - - - -
Q1 2019 - - - - - -
Q2 2019 - - - - - -
Q3 2019 - - - - - -
Q4 2019 - - - - - -
Q1 2020 - - - - - -
Q2 2020 - - - - - -
Q3 2020 - - - - - -
Q4 2020 - - - - - -
Q1 2021 - - - - - -
Q2 2021 - - - - - -
Q3 2021 - - - - - -
Q4 2021 - - - - - -
Q1 2022 - - - - - -
Q2 2022 - - - - - -
Q3 2022 - - - - - -
Q4 2022 - - - - - -
Q1 2023 - - - - - -
Q2 2023 21.83 - 12.65 - 7.58 -
Q3 2023 - - - - - -
Q4 2023 22.60 - 12.22 - 8.79 -
2023 44.43 56.9 % 24.87 47.1 % 16.37 67.4 %
Q1 2024 - - - - - -
Q2 2024 25.19 15.4 % 11.11 (12.1 %) 5.59 (26.3 %)


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items Earnings Per Share before unusual items
Q1 2015 - - - - - -
Q2 2015 - - - - - -
Q3 2015 - - - - - -
Q4 2015 - - - - - -
Q1 2016 - - - - - -
Q2 2016 - - - - - -
Q3 2016 - - - - - -
Q4 2016 - - - - - -
Q1 2017 - - - - - -
Q2 2017 - - - - - -
Q3 2017 - - - - - -
Q4 2017 - - - - - -
Q1 2018 - - - - - -
Q2 2018 - - - - - -
Q3 2018 - - - - - -
Q4 2018 - - - - - -
Q1 2019 - - - - - -
Q2 2019 - - - - - -
Q3 2019 - - - - - -
Q4 2019 - - - - - -
Q1 2020 - - - - - -
Q2 2020 - - - - - -
Q3 2020 - - - - - -
Q4 2020 - - - - - -
Q1 2021 - - - - - -
Q2 2021 - - - - - -
Q3 2021 - - - - - -
Q4 2021 - - - - - -
Q1 2022 - - - - - -
Q2 2022 - - - - - -
Q3 2022 - - - - - -
Q4 2022 - - - - - -
Q1 2023 - - - - - -
Q2 2023 7.25 - 1.45 - 7.25 1.45
Q3 2023 - - - - - -
Q4 2023 8.45 - 1.69 - 8.45 1.69
2023 15.70 65.7 % 3.14 - 15.70 3.14
Q1 2024 - - - - - -
Q2 2024 10.84 49.5 % 2.17 - 10.84 2.17

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -
Q1 2019 - - -
Q2 2019 - - -
Q3 2019 - - -
Q4 2019 - - -
Q1 2020 - - -
Q2 2020 - - -
Q3 2020 - - -
Q4 2020 - - -
Q1 2021 - - -
Q2 2021 - - -
Q3 2021 - - -
Q4 2021 - - -
Q1 2022 - - -
Q2 2022 - - -
Q3 2022 - - -
Q4 2022 - - -
Q1 2023 - - -
Q2 2023 - - -
Q3 2023 - - -
Q4 2023 55.97 % 38.53 % 35.34 %
Q1 2024 - - -
Q2 2024 48.82 % 32.10 % 40.36 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Earnings Per Share before unusual items (Riyal) Book Value (BV)
Q1 2015 - - - -
Q2 2015 - - - -
Q3 2015 - - - -
Q4 2015 - - - -
Q1 2016 - - - -
Q2 2016 - - - -
Q3 2016 - - - -
Q4 2016 - - - -
Q1 2017 - - - -
Q2 2017 - - - -
Q3 2017 - - - -
Q4 2017 - - - -
Q1 2018 - - - -
Q2 2018 - - - -
Q3 2018 - - - -
Q4 2018 - - - -
Q1 2019 - - - -
Q2 2019 - - - -
Q3 2019 - - - -
Q4 2019 - - - -
Q1 2020 - - - -
Q2 2020 - - - -
Q3 2020 - - - -
Q4 2020 - - - -
Q1 2021 - - - -
Q2 2021 - - - -
Q3 2021 - - - -
Q4 2021 - - - -
Q1 2022 - - - -
Q2 2022 - - - -
Q3 2022 - - - -
Q4 2022 - - - -
Q1 2023 - - - -
Q2 2023 5.00 - - 5.34
Q3 2023 - - - -
Q4 2023 5.00 3.14 3.14 7.02
Q1 2024 - - - -
Q2 2024 5.00 3.86 3.86 7.19

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -
Q1 2019 - - -
Q2 2019 - - -
Q3 2019 - - -
Q4 2019 - - -
Q1 2020 - - -
Q2 2020 - - -
Q3 2020 - - -
Q4 2020 - - -
Q1 2021 - - -
Q2 2021 - - -
Q3 2021 - - -
Q4 2021 - - -
Q1 2022 - - -
Q2 2022 - - -
Q3 2022 - - -
Q4 2022 - - -
Q1 2023 - - -
Q2 2023 - - -
Q3 2023 - - -
Q4 2023 - - -
Q1 2024 - - -
Q2 2024 12.70 12.70 6.82

Business Segments (Million)

Compared With The
Period Environmental services Transplanting mangroves Coral reef development
Q2 2023 15.72 2.76 3.35
Q4 2023 19.07 2.33 1.20
Q2 2024 17.00 7.19 1.00

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website