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    PEDC   JO3122111011

PETRA EDUCATION COMPANY (PSC)

(PEDC)
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Petra Education Company Reports Earnings Results for the Second Quarter Ended June 30, 2021

07/29/2021 EDT

Petra Education Company (PSC) announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was JOD 5.641 million compared to JOD 4.778 million a year ago. Operating income was JOD 1.269 million compared to JOD 563,614 a year ago. Net income was JOD 1.037 million compared to JOD 492,654 a year ago. For the half year, sales was JOD 12.815 million compared to JOD 13.359 million a year ago. Operating income was JOD 4.325 million compared to JOD 4.119 million a year ago. Net income was JOD 3.451 million compared to JOD 3.389 million a year ago.


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Financials
Sales 2020 24,1 M 34,0 M 34,0 M
Net income 2020 4,62 M 6,52 M 6,52 M
Net cash 2020 4,36 M 6,16 M 6,16 M
P/E ratio 2020 15,6x
Yield 2020 4,43%
Capitalization 81,4 M 115 M 115 M
EV / Sales 2019 2,58x
EV / Sales 2020 2,82x
Nbr of Employees 696
Free-Float 13,7%
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Managers and Directors
Mohammed Mazen Shafiq Rida Al-Ansari General Manager & Executive Director
Samer Ali Ahmad Al-Tayyeb Chief Financial & Administrative Officer
Musa Abdulaziz Mohamed Shihadeh Chairman
Khalil Saleh Aref Azouka Independent Non-Executive Director
Khalil Khalawi Abdul Hakim Dweik Independent Non-Executive Director