The a average return on equity decreased from 12.53 to 7.98 percent impacted by the drop in RNOA from 14.29 to 8.71 percent due to decline in NOPM and NOAT.
The company has net financial assets greater than net financial obligations. The positive spread between RNOA and RNFA reduces the ROE because funds of the company have been invested in financial assets which earn less than the RNOA and therefore this drop down the overall av. ROE.
The company`s Net operating profit margin (NOPM) which measures the efficiency of profitability declined from 84.26 to 60.67 percent in the last TTM, thus each riyal of sales at Industries Qatar company, realizes 0.61 riyal after all operating expenses and tax.
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The company has net financial assets greater than net financial obligations. The positive spread between RNOA and RNFA reduces the ROE because funds of the company have been invested in financial assets which earn less than the RNOA and therefore this drop down the overall av. ROE.
The company`s Net operating profit margin (NOPM) which measures the efficiency of profitability declined from 84.26 to 60.67 percent in the last TTM, thus each riyal of sales at Industries Qatar company, realizes 0.61 riyal after all operating expenses and tax.
Read or download full article》
Industries Qatar: Analytical review on Performance drivers
Reviewed by Badraldin Alhaj
on
August 26, 2017
Rating:
Reviewed by Badraldin Alhaj
on
August 26, 2017
Rating:
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