Comments on Saudi Investment Group Performance

However, on TTM basis the company`s net income increases by 29.90 percent on the last twelve months ended 30 June 2017, realizing 575,22 million riyals "1.28 riyal per share" as compared to the versus period of 442.82 million riyals. In addition, the company`s ROE witnessed an increase from 6.23 to 8.48 percent through the last twelve months.

The average return on equity increased from 6.23 to 8.48 percent, the latter produced by an increase in return on net operating assets(RNOA) from 4.31to 6.35 percent which is supported mainly by the rise in NOPM, as well as to the increase in Non-operating activities due to increase in operating spread from 2.38 to 3.30 percent, although financial leverage recorded a decline from 0.81 to 0.64 and NBC is up from 1.93 to 3.05 percent.

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