National Shipping Company of Saudi Arabia SJSC
SAU:4030
Income Statement
Earnings Waterfall
National Shipping Company of Saudi Arabia SJSC
Revenue
|
8.9B
SAR
|
Cost of Revenue
|
-6.9B
SAR
|
Gross Profit
|
2.1B
SAR
|
Operating Expenses
|
-224.4m
SAR
|
Operating Income
|
1.8B
SAR
|
Other Expenses
|
-235.3m
SAR
|
Net Income
|
1.6B
SAR
|
Income Statement
National Shipping Company of Saudi Arabia SJSC
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 847
N/A
|
3 019
+6%
|
3 091
+2%
|
3 145
+2%
|
3 626
+15%
|
4 498
+24%
|
5 546
+23%
|
6 644
+20%
|
7 464
+12%
|
7 809
+5%
|
7 865
+1%
|
7 353
-7%
|
6 923
-6%
|
6 907
0%
|
6 481
-6%
|
6 394
-1%
|
6 232
-3%
|
5 772
-7%
|
5 886
+2%
|
6 025
+2%
|
6 424
+7%
|
6 680
+4%
|
6 633
-1%
|
6 709
+1%
|
6 801
+1%
|
7 131
+5%
|
9 164
+29%
|
9 141
0%
|
8 442
-8%
|
7 545
-11%
|
5 340
-29%
|
5 176
-3%
|
5 474
+6%
|
5 873
+7%
|
6 561
+12%
|
7 501
+14%
|
8 676
+16%
|
9 466
+9%
|
9 815
+4%
|
9 584
-2%
|
8 935
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(943)
|
(959)
|
(1 020)
|
(1 068)
|
(1 798)
|
(1 302)
|
(1 320)
|
(1 261)
|
(1 081)
|
(1 989)
|
(3 025)
|
(3 926)
|
(5 030)
|
(5 284)
|
(5 146)
|
(5 101)
|
(4 911)
|
(4 625)
|
(4 673)
|
(4 817)
|
(5 177)
|
(5 311)
|
(5 358)
|
(5 342)
|
(5 374)
|
(5 569)
|
(6 879)
|
(6 773)
|
(6 320)
|
(5 900)
|
(4 530)
|
(4 614)
|
(4 918)
|
(5 245)
|
(5 813)
|
(6 502)
|
(7 204)
|
(7 536)
|
(7 551)
|
(7 343)
|
(6 862)
|
|
Gross Profit |
1 903
N/A
|
2 060
+8%
|
2 071
+1%
|
2 078
+0%
|
1 829
-12%
|
3 196
+75%
|
4 226
+32%
|
5 383
+27%
|
6 383
+19%
|
5 820
-9%
|
4 840
-17%
|
3 427
-29%
|
1 892
-45%
|
1 623
-14%
|
1 335
-18%
|
1 293
-3%
|
1 321
+2%
|
1 147
-13%
|
1 214
+6%
|
1 208
0%
|
1 247
+3%
|
1 369
+10%
|
1 275
-7%
|
1 367
+7%
|
1 427
+4%
|
1 562
+9%
|
2 285
+46%
|
2 368
+4%
|
2 122
-10%
|
1 645
-22%
|
809
-51%
|
563
-30%
|
556
-1%
|
628
+13%
|
748
+19%
|
998
+33%
|
1 471
+47%
|
1 930
+31%
|
2 264
+17%
|
2 241
-1%
|
2 073
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 403)
|
(1 471)
|
(1 516)
|
(1 564)
|
(1 253)
|
(2 360)
|
(3 097)
|
(3 801)
|
(4 403)
|
(3 592)
|
(2 479)
|
(1 377)
|
(80)
|
(76)
|
(95)
|
(112)
|
(200)
|
(199)
|
(199)
|
(230)
|
(178)
|
(161)
|
(168)
|
(141)
|
(227)
|
(210)
|
(222)
|
(262)
|
(253)
|
(223)
|
(203)
|
(169)
|
(133)
|
(146)
|
(163)
|
(92)
|
(149)
|
53
|
129
|
186
|
(224)
|
|
Selling, General & Administrative |
(79)
|
(77)
|
(76)
|
(75)
|
(83)
|
(93)
|
(98)
|
(138)
|
(152)
|
(227)
|
(231)
|
(190)
|
(105)
|
(113)
|
(117)
|
(128)
|
(183)
|
(188)
|
(181)
|
(207)
|
(178)
|
(167)
|
(178)
|
(172)
|
(227)
|
(247)
|
(248)
|
(265)
|
(231)
|
(201)
|
(207)
|
(177)
|
(165)
|
(183)
|
(184)
|
(142)
|
(165)
|
(171)
|
(183)
|
(226)
|
(233)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
|
Other Operating Expenses |
(1 324)
|
(1 394)
|
(1 441)
|
(1 488)
|
(1 165)
|
(2 267)
|
(2 999)
|
(3 663)
|
(4 246)
|
(3 365)
|
(2 248)
|
(1 187)
|
27
|
37
|
22
|
17
|
(13)
|
(11)
|
(18)
|
(22)
|
5
|
6
|
11
|
31
|
6
|
36
|
26
|
3
|
(18)
|
(22)
|
4
|
9
|
35
|
37
|
21
|
51
|
26
|
224
|
312
|
412
|
19
|
|
Operating Income |
500
N/A
|
589
+18%
|
555
-6%
|
514
-7%
|
575
+12%
|
837
+45%
|
1 129
+35%
|
1 582
+40%
|
1 980
+25%
|
2 228
+13%
|
2 361
+6%
|
2 050
-13%
|
1 813
-12%
|
1 547
-15%
|
1 240
-20%
|
1 182
-5%
|
1 120
-5%
|
947
-15%
|
1 015
+7%
|
978
-4%
|
1 069
+9%
|
1 208
+13%
|
1 107
-8%
|
1 227
+11%
|
1 200
-2%
|
1 352
+13%
|
2 063
+53%
|
2 107
+2%
|
1 869
-11%
|
1 422
-24%
|
606
-57%
|
394
-35%
|
423
+7%
|
483
+14%
|
585
+21%
|
907
+55%
|
1 322
+46%
|
1 983
+50%
|
2 393
+21%
|
2 428
+1%
|
1 849
-24%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
249
|
280
|
274
|
224
|
23
|
(12)
|
(60)
|
(41)
|
56
|
17
|
22
|
(35)
|
164
|
(89)
|
(139)
|
(195)
|
52
|
(290)
|
(320)
|
(269)
|
(128)
|
(564)
|
(605)
|
(659)
|
(83)
|
(377)
|
(294)
|
(226)
|
91
|
(98)
|
(91)
|
(121)
|
35
|
(164)
|
(151)
|
(191)
|
(226)
|
(259)
|
(291)
|
(366)
|
(169)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
15
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
160
|
0
|
0
|
0
|
214
|
|
Gain/Loss on Disposition of Assets |
75
|
37
|
38
|
19
|
3
|
5
|
5
|
6
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
14
|
(10)
|
(6)
|
(1)
|
(2)
|
(3)
|
1
|
4
|
2
|
7
|
6
|
4
|
(237)
|
0
|
0
|
0
|
(270)
|
0
|
0
|
0
|
(372)
|
0
|
0
|
0
|
(396)
|
0
|
0
|
0
|
(247)
|
0
|
0
|
0
|
(167)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Pre-Tax Income |
839
N/A
|
896
+7%
|
861
-4%
|
756
-12%
|
600
-21%
|
827
+38%
|
1 075
+30%
|
1 551
+44%
|
2 043
+32%
|
2 252
+10%
|
2 389
+6%
|
2 017
-16%
|
1 706
-15%
|
1 457
-15%
|
1 101
-24%
|
987
-10%
|
907
-8%
|
657
-28%
|
695
+6%
|
710
+2%
|
581
-18%
|
644
+11%
|
502
-22%
|
568
+13%
|
736
+29%
|
975
+33%
|
1 769
+81%
|
1 881
+6%
|
1 709
-9%
|
1 324
-23%
|
515
-61%
|
273
-47%
|
292
+7%
|
318
+9%
|
433
+36%
|
716
+65%
|
1 256
+75%
|
1 725
+37%
|
2 102
+22%
|
2 062
-2%
|
1 894
-8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(50)
|
(52)
|
(52)
|
(35)
|
(37)
|
(61)
|
(92)
|
(136)
|
(181)
|
(182)
|
(176)
|
3
|
44
|
56
|
68
|
(85)
|
(101)
|
(103)
|
(103)
|
(99)
|
(92)
|
(92)
|
(90)
|
(91)
|
(92)
|
(94)
|
(159)
|
(94)
|
(94)
|
(82)
|
(8)
|
(63)
|
(58)
|
(65)
|
(72)
|
(74)
|
(93)
|
(92)
|
(92)
|
(95)
|
(101)
|
|
Income from Continuing Operations |
789
|
844
|
808
|
721
|
562
|
766
|
983
|
1 415
|
1 862
|
2 070
|
2 214
|
2 020
|
1 750
|
1 514
|
1 169
|
902
|
807
|
554
|
592
|
611
|
488
|
553
|
412
|
477
|
643
|
880
|
1 610
|
1 787
|
1 615
|
1 242
|
507
|
209
|
234
|
253
|
361
|
642
|
1 163
|
1 632
|
2 010
|
1 966
|
1 793
|
|
Income to Minority Interest |
(37)
|
(35)
|
(33)
|
(31)
|
(29)
|
(29)
|
(34)
|
(40)
|
(44)
|
(38)
|
(37)
|
(39)
|
(32)
|
(30)
|
(19)
|
(7)
|
(6)
|
(10)
|
(15)
|
(14)
|
(7)
|
(15)
|
(14)
|
(14)
|
(23)
|
(20)
|
(34)
|
(44)
|
(44)
|
(46)
|
(33)
|
(31)
|
(41)
|
(39)
|
(59)
|
(87)
|
(122)
|
(164)
|
(174)
|
(176)
|
(180)
|
|
Net Income (Common) |
752
N/A
|
809
+8%
|
775
-4%
|
691
-11%
|
534
-23%
|
737
+38%
|
949
+29%
|
1 375
+45%
|
1 818
+32%
|
2 032
+12%
|
2 177
+7%
|
1 982
-9%
|
1 718
-13%
|
1 484
-14%
|
1 151
-22%
|
896
-22%
|
800
-11%
|
545
-32%
|
576
+6%
|
597
+4%
|
481
-19%
|
537
+12%
|
398
-26%
|
463
+16%
|
621
+34%
|
861
+39%
|
1 576
+83%
|
1 743
+11%
|
1 571
-10%
|
1 195
-24%
|
474
-60%
|
178
-62%
|
192
+8%
|
214
+11%
|
303
+42%
|
555
+83%
|
1 041
+88%
|
1 469
+41%
|
1 836
+25%
|
1 790
-2%
|
1 613
-10%
|
|
EPS (Diluted) |
2.39
N/A
|
2.57
+8%
|
2.46
-4%
|
1.75
-29%
|
1.36
-22%
|
2.34
+72%
|
3.01
+29%
|
3.49
+16%
|
4.62
+32%
|
5.16
+12%
|
7.61
+47%
|
5.03
-34%
|
3.49
-31%
|
3.76
+8%
|
2.92
-22%
|
2.27
-22%
|
1.63
-28%
|
1.38
-15%
|
1.46
+6%
|
1.52
+4%
|
0.98
-36%
|
1.37
+40%
|
1.01
-26%
|
1.18
+17%
|
1.26
+7%
|
2.19
+74%
|
4
+83%
|
4.43
+11%
|
2.13
-52%
|
2.42
+14%
|
0.96
-60%
|
0.36
-63%
|
0.26
-28%
|
0.43
+65%
|
0.62
+44%
|
0.75
+21%
|
1.41
+88%
|
2.98
+111%
|
2.48
-17%
|
2.42
-2%
|
2.19
-10%
|