Nauman Khan

Nauman Khan
Hide filters Show filters
Latest from Nauman Khan

Saudi Arabia: FTSE Russel Semi-Annual Review – September 2022

The investability weights were changed for 9 stocks. On a pro-forma basis, the Saudi market weight in the FTSE Emerging Market increased from c5.3% to c5.4%. For all the other stocks, the inflow/outflow is of less than 1 day based on 3 months of ADTV...
SNB Capital Walid
Walid Khalid Bamhair @ SNB Capital 5 September 2022

Al Othaim: Q2 22 earnings call summary

Total revenue increased by 3.8% yoy to SAR2.25bn in Q2 22, mainly driven by new stores opening. Registered loyalty customers under IKTISSAB program increased to c1.0mn, up 5.2% ytd. Total grocery market is expected to increase from SAR165bn (currentl...
SNB Capital Nauman
Nauman Khan @ SNB Capital 5 September 2022

Savola: Q2 22 earnings call summary

Revenues came in at SAR6.89bn, up 16.7% yoy (-8.0% qoq). Reported net income was SAR214mn in Q2 22, up 6.9% yoy (-21.1% qoq). The number of Panda stores declined by 3 and reached 192 stores at the end of Q2 22.
SNB Capital Nauman
Nauman Khan @ SNB Capital 31 August 2022

Savola: Weak sales partially mitigated by higher margins

Revenue stood at SAR6.88bn. Gross profit came in at SAR1.25bn. Operating profit stood at SAR504mn up 21.6% yoy.
SNB Capital Nauman
Nauman Khan @ SNB Capital 28 August 2022

BinDawood Holding: Weak results due to lower gross margins

Revenue increased by 8.7% yoy (+3.9% qoq) to reach SAR1.18bn. During the quarter, BinDawood opened its first two Danube express stores at Haramain rail stations. Gross margins contracted by 460bps yoy to 31.0%.
SNB Capital Nauman
Nauman Khan @ SNB Capital 28 August 2022

BinDawood Holding: Earnings call summary

During the quarter, the company opened its first two Danube express stores at the Haramain railway stations. The company has completed the acquisition of Ykone and ITAC. The mega store will be supported by smaller format dark stores to provide less t...
SNB Capital Nauman
Nauman Khan @ SNB Capital 28 August 2022

Filter by tags

Nauman Khan
Saudi Arabia
MENA
Equity
Banks
Financials
NCBC
Saudi
2019
Consumer Discretionary
Health Care
Health Care Equipment & Services
Retailing
SNB Capital