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Jiyad Holding Co KSC (KUW:JIYAD) Net Income : KWD-7.92 Mil (TTM As of Dec. 2023)


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What is Jiyad Holding Co KSC Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Jiyad Holding Co KSC's Net Income for the three months ended in Dec. 2023 was KWD-0.02 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was KWD-7.92 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Jiyad Holding Co KSC's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was KWD-0.00.


Jiyad Holding Co KSC Net Income Historical Data

The historical data trend for Jiyad Holding Co KSC's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jiyad Holding Co KSC Net Income Chart

Jiyad Holding Co KSC Annual Data
Trend Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 -0.63 -5.78 2.14 -7.91

Jiyad Holding Co KSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.44 0.14 -0.01 -8.03 -0.02

Jiyad Holding Co KSC Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Jiyad Holding Co KSC's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-7.909+0+0+0
=-7.91

Jiyad Holding Co KSC's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.019+0+0+0
=-0.02

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-7.92 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Jiyad Holding Co KSC  (KUW:JIYAD) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Jiyad Holding Co KSC's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Jiyad Holding Co KSC Net Income Related Terms

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Jiyad Holding Co KSC (KUW:JIYAD) Business Description

Traded in Other Exchanges
N/A
Address
Jaber Al - Mubarak Street, P.O. Box 13028, Bahbahani Complex, 3rd Floor, Sharq, KWT, 2799
Jiyad Holding Co KSC is engaged in various businesses. Its Investment segment consists of investments in associates and other investments. The Education and training segment, which is the only revenue driver, represents consulting services related to education, training, and establishment of educational and training institutions, in addition to the introduction and issuance of relevant programs. The Medical services segment includes the establishment, management and ownership of hospitals and providing the medical services. Geographically, it has operations in the State of Kuwait, and the Sultanate of Oman.

Jiyad Holding Co KSC (KUW:JIYAD) Headlines

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