Mesaieed: Profitability and productivity analysis in terms of ROE

The company`s Net operating profit margin(NOPM) that measures the efficiency of profitability decreased slightly from 108.65 to 108.13 percent in the last TTM, and that attributed to the slight decline in Net operating profit after-tax(NOPAT). Thus, for each riyal of sales the company earns about 1.08 riyal after all operating expenses and tax.
On the other hand, Net operating assets turnover (NOAT) which measures the efficiency of productivity of the company`s net operating assets, decreased from 8.10 to 6.69 percent by the end of June 2017 on the impacts of the drop in revenues growth compared to the equivalent period. This result means that, for each riyal of net operating assets, the company yields about  0.07 riyal  of sales.

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