Investor Relations
Board of Directors Of Al Hammadi Holding Company (Al Hammadi) is pleased to present to you the annual reports for the fiscal years, which includes the results of the Company’s business, its achievements and the most important objectives that have been achieved during the year in addition to the financial statements for the year ended , information about the Board and its committees and executive management and the external Auditor BDO Dr. Mohamed Al-Amri & Co .
Operational & Financial Review 2023
Al Hammadi recorded revenues of 1,177 million Riyals in 2023 , a 5% increase from 1,123 million Riyals recorded in 2022 and Gross profit amounted 433 million Riyals in 2023 ,a 3% increase from 416 million Riyals recorded in 2022 ,and the operating profit reached 347 million riyals in 2023 ,a 17% increase from 292 million Riyals recorded in 2022, and the net profit reached 303 million riyals ,an 18% increase from 257 million Riyals recorded in 2022 .
3%
Gross Profit
5%
Revenue
17%
Operating Profit
18%
Net Profit
Al Hammadi Holding Company
Trading Name | AlHammadi Holding |
ISIN CODE | SA13J051UJH4 |
Sector | HealthCare |
Number of Employees | 3245 |
Investor Relations | IR@ALHAMMADI.COM |
Equity Profile
Authorized Capital (SAR) | 1,600,000,000 |
Issued Shares | 160,000,000 |
Paid Capital (SAR) | 1,600,000,000 |
Par Value/Share | 10 |
Paid Up Value/Share | 10 |
- Balance Sheet
- Statement of Income
- Cash Flows
- Reports and Statements
- Corporate Governance
Balance Sheet | 2023-12-31 |
---|---|
Total Assets | 2,594,448 |
Total Liabilities | 749,524 |
Total Shareholders Equity (After Deducting the Minority Equity) | 1,844,924 |
Total Liabilities and Shareholders Equity | 2,594,448 |
All Figures in | Thousands |
All Currency In | SAR |
Last Update Date | 2024-03-19 |
Balance Sheet | 31-03-2024 | 2023-09-30 |
---|---|---|
Total Assets | 2,609,351 | 2,586,296 |
Total Liabilities | 756,118 | 747,998 |
Total Shareholders Equity (Excluding Minority Interest) | 1,853,233 | 1,838,298 |
Total Liabilities and Shareholders Equity | 2,609,351 | 2,586,296 |
All Figures in | Thousands | Thousands |
All Currency In | SAR | SAR |
Last Update Date | 19-05-2024 | 05-11-2023 |
Statement Of Income | 31-03-2024 | 2023-09-30 |
---|---|---|
Total Revenue (Sales/Operating) | 277,040 | 297,825 |
Net Profit (Loss) before Zakat and Tax | 69,041 | 79,874 |
Zakat and Income Tax | -5,000 | -5,000 |
Net Profit (Loss) after Zakat and Tax | 64,041 | 74,874 |
Total Comprehensive Income | 64,309 | 77,102 |
Profit (Loss) per Share | 0.4 | 0.47 |
All Figures in | Thousands | Thousands |
All Currency In | SAR | SAR |
Last Update Date | 19-05-2024 | 05-11-2023 |
Statement Of Income | 2023-12-31 |
---|---|
Total Revenue (Sales/Operating) | 1,176,764 |
Net Profit (Loss) before Zakat and Tax | 320,955 |
Zakat and Income Tax | -17,624 |
Net Profit (Loss) after Zakat and Tax | 303,331 |
Total Comprehensive Income | 302,361 |
Profit (Loss) per Share | 1.9 |
All Figures in | Thousands |
All Currency In | SAR |
Last Update Date | 2024-03-19 |
Cash Flow | 2023-12-31 |
---|---|
Net Cash From Operating Activities | 350,954 |
Net Cash From Investing Activities | -54,782 |
Net Cash From Financing Activities | -231,537 |
Cash and Cash Equivalents, Beginning of the Period | 60,602 |
Cash and Cash Equivalents, End of the Period | 125,237 |
All Figures in | Thousands |
All Currency In | SAR |
All Currency In | 2024-03-19 |
Cash Flow | 31-03-2024 | 2023-09-30 |
---|---|---|
Net Cash From Operating Activitie | 142,879 | 342,496 |
Net Cash From Investing Activities | -5,990 | -47,095 |
Net Cash From Financing Activities | -56,110 | -170,261 |
Cash and Cash Equivalents, Beginning of the Period | 125,237 | 60,602 |
Cash and Cash Equivalents, End of the Period | 206,016 | 185,743 |
All Figures in | Thousands | Thousands |
All Currency In | SAR | SAR |
Last Update Date | 19-05-2024 | 05-11-2023 |
Reports and Statements
Financial Statements 2023 |
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Description | Q1 | Q2 | Q3 | ِAnnual |
Financial Statements | ||||
Earnings Release | ||||
Annual Board Of Directors Report | ||||
Annual Investor Presentation |
Financial Statements 2022 |
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Description | Q1 | Q2 | Q3 | Annual |
Financial Statements | ||||
Earnings Release | ||||
Annual Board Of Directors Report | ||||
Annual Investor Presentation |
Financial Statements 2021 |
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Description | Q1 | Q2 | Q3 | Annual |
Financial Statements | ||||
Annual Board Of Directors Report | ||||
Annual Investor Presentation |
Financial Statements 2020 |
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Description | Q1 | Q2 | Q3 | Annual |
Financial Statements | ||||
Annual Board Of Directors Report |
Corporate Governance
Al Hammadi Holding Company for development and investment applies the corporate governance system, its regulations of internal governance and all materials contained in it, as approved from general assembly of shareholders on 01/14/2015 ad. The company shall be committed to the company’s guideline regulation of corporate governance issued by capital market authority. The company believes that its commitment is an essential factor to its success, which aims to improve and organize the company’s financial and operational performance, ensure the rights of all shareholders and presenting the financial results at a high degree of transparency and disclosure through the development of the following:
- Administrative performance based on the increased value of the company and accountability.
- The application of an effective supervisory role in cooperation with the executives in order to achieve the interests of the company and shareholders, including small investors and seek to increase the equity in appropriate ways.
- The company proves that the shareholders shall have all rights related to the shares, including the following:
- The right to receive a share of the profits to be distributed.
- The right to receive a share of the company’s assets on liquidation.
- The right to attend shareholders’ assemblies and participate in its deliberations and voting on them.
- Right to dispose of the shares.
The right to monitor the activities of the board and file responsibility claims to the members of the board. - The right of inquiry and request information, as not to compromise the interests of the company and not inconsistent with the financial market system and its regulations.
- Disclosure of information with full transparency and the existence of effective internal control and risk management system.
- Al Hammadi Holding Company has adopted corporate governance system and regulations of internal governance under the board of directors decision dated 16/10/1430 AH corresponding to 05/10/2009 AD and amended by the board of directors resolutions dated 29/01/1435 AH corresponding to 02/12/2013 AD and 23/04/1435 AH corresponding to 23/02/2014 AD, this system has been prepared in accordance with article 10, paragraph (C) of the regulations of corporate governance issued by the capital market authority pursuant to resolution no. (1-2012-2006) dated 21/10/1427 AH corresponding to 12/11/2007 AD, listing rules and the Articles of Association. The shareholders’ approval was obtained by the ordinary general assembly which was held on 23-03-1436 AH corresponding 14-01-2015 AD. The corporate governance system and regulations of internal governance were applied with full material contained in guiding regulation of corporate governance issued by the capital market authority
Corporate governance system consists of the following
- Corporate governance system
- The regulation of general assembly of shareholders
- The regulation of the board of directors
- The regulation of the audit committee
- The regulation of the nominations and remuneration committee
- The regulation of the executive committee
- The regulation of information disclosure policy
- The regulation of internal control
- The regulation of risk management policy
- The regulation of dividend policy
- Relationship with stakeholders guide
- The regulation of conflict of interest policy
What has been applied from the provisions of the corporate governance regulations issued by the capital market authority and the provisions that have not been applied and the reasons for this :
Item | Text | Applied | Illustration |
---|---|---|---|
Article (3) | Public rights of shareholders | √ | The regulation of the general assembly of shareholders |
Article (4) | Facilitate the exercise of shareholders’ rights and access to information | √ | |
Article (5) | Shareholders’ equity related to the meeting of the general assembly | √ | |
Article (6) | Voting rights | √ | |
Article (7) | Shareholders’ rights in profits | √ | |
Article (8) | Policies and procedures related to disclosure | √ | The regulation of information disclosure |
Article (9) | Disclosure in the report of the board of directors | √ | Annual report |
Article (10) | Basic functions of the board of directors | √ | The regulation of the board of directors |
Article (11) | Board responsibilities | √ | |
Article (12) | Composition of the board of directors | √ | |
Article (13) | Board committees and independence | √ | |
Article (14) | Audit committee | √ | The regulation of the audit committee |
Article (15) | The nomination and remuneration committee | √ | The regulation of the nominations and remuneration committee |
Article (16) | Board meetings and agenda | √ | The regulation of the board of directors |
Article (17) | Directors’ remuneration and compensations | √ | |
Article (18) | Conflicts of interest in the board of directors | √ | The regulation of conflict of interest |
Corporate Governance
Al Hammadi Company applies the corporate governance system, its regulations of internal governance and all materials contained in it, as approved from general assembly of shareholders on 01/14/2015 ad. The company shall be committed to the company’s guideline regulation of corporate governance issued by capital market authority. The company believes that its commitment is an essential factor to its success, which aims to improve and organize the company’s financial and operational performance, ensure the rights of all shareholders and presenting the financial results at a high degree of transparency and disclosure through the development of the following:
- Administrative performance based on the increased value of the company and accountability.
- The application of an effective supervisory role in cooperation with the executives in order to achieve the interests of the company and shareholders, including small investors and seek to increase the equity in appropriate ways.
- The company proves that the shareholders shall have all rights related to the shares, including the following:
- The right to receive a share of the profits to be distributed.
- The right to receive a share of the company’s assets on liquidation.
- The right to attend shareholders’ assemblies and participate in its deliberations and voting on them.
- Right to dispose of the shares.
The right to monitor the activities of the board and file responsibility claims to the members of the board. - The right of inquiry and request information, as not to compromise the interests of the company and not inconsistent with the financial market system and its regulations.
- Disclosure of information with full transparency and the existence of effective internal control and risk management system.
- Disclosure of information with full transparency and the existence of effective internal control and risk management system.
- Al Hammadi company for development and investment has adopted corporate governance system and regulations of internal governance under the board of directors decision dated 16/10/1430 AH corresponding to 05/10/2009 AD and amended by the board of directors resolutions dated 29/01/1435 AH corresponding to 02/12/2013 AD and 23/04/1435 AH corresponding to 23/02/2014 AD, this system has been prepared in accordance with article 10, paragraph (C) of the regulations of corporate governance issued by the capital market authority pursuant to resolution no. (1-2012-2006) dated 21/10/1427 AH corresponding to 12/11/2007 AD, listing rules and the Articles of Association. The shareholders’ approval was obtained by the ordinary general assembly which was held on 23-03-1436 AH corresponding 14-01-2015 AD. The corporate governance system and regulations of internal governance were applied with full material contained in guiding regulation of corporate governance issued by the capital market authority
Corporate governance system consists of the following
- Corporate governance system
- The regulation of general assembly of shareholders
- The regulation of the board of directors
- The regulation of the audit committee
- The regulation of the nominations and remuneration committee
- The regulation of the executive committee
- The regulation of information disclosure policy
- The regulation of internal control
- The regulation of risk management policy
- The regulation of dividend policy
- Relationship with stakeholders guide
- The regulation of conflict of interest policy