However on TTM basis, the company`s net income climbed by 21.02 percent on the last twelve months ended 30 June 2017, realizing $ 59,66 million "0.049 dollar per share" as compared to the versus period of $ 49,30 million. Revenues increased 8.32 percent to $ 492,35 million. Operating income jumped 78.24 percent to $ 78,89 million. The company`s ROE witnessed an increase from 9.37 to 11.65 percent through the last twelve months.
The average return on equity for the parent, climbed from 9.37 to 11.65 percent, as a result of the growth in return on net operating assets(RNOA) from 8.52 to 10.57 percent on the back ground of the rise in Net operating profit margin(NOPM) and Net operating assets turnover(NOAT) as well. As to the second component of the equation i.e. Net non-operating activities, increased its contribution from 0.85 to 1.08 percent due to the increase in operating spread and the existence of favorable leverage.
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The average return on equity for the parent, climbed from 9.37 to 11.65 percent, as a result of the growth in return on net operating assets(RNOA) from 8.52 to 10.57 percent on the back ground of the rise in Net operating profit margin(NOPM) and Net operating assets turnover(NOAT) as well. As to the second component of the equation i.e. Net non-operating activities, increased its contribution from 0.85 to 1.08 percent due to the increase in operating spread and the existence of favorable leverage.
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Sudatel: A look behind return on equity
Reviewed by Badraldin Alhaj
on
September 06, 2017
Rating:
Reviewed by Badraldin Alhaj
on
September 06, 2017
Rating:
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