The a average return on equity increased because of the increase in operating profitability (RNOA) from 5.95 to 6.74 percent, as well as to the rise in operating spread from a negative figure (0.47) to 2.28 percent, and that is due to the increase of NBC over the RNOA. The latter influenced positively from the improvement of NOPM. In addition, Return from non-operating contributed to ROE with regard to the negative figure posted in the versus period.
The amount of cash that Electrical Industries generates by the end of June 2017, and after accounting for all capital expenditures increased to 43.67 million riyals as compared to a negative figure of (47.32) million riyals during the same period of the previous year.
The amount of cash that Electrical Industries generates by the end of June 2017, and after accounting for all capital expenditures increased to 43.67 million riyals as compared to a negative figure of (47.32) million riyals during the same period of the previous year.
Electrical Industries: Performance analysis
Reviewed by Badraldin Alhaj
on
August 26, 2017
Rating:
Reviewed by Badraldin Alhaj
on
August 26, 2017
Rating:
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