Deyaar Development PJSC Full Year 2023 Earnings: EPS: د.إ0.10 (vs د.إ0.033 in FY 2022)

Deyaar Development PJSC (DFM:DEYAAR) Full Year 2023 Results

Key Financial Results

• Revenue: د.إ1.25b (up 56% from FY 2022).
• Net income: د.إ440.7m (up 206% from FY 2022).
• Profit margin: 35% (up from 18% in FY 2022).
• EPS: د.إ0.10 (up from د.إ0.033 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Deyaar Development PJSC Earnings Insights

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Real Estate industry in United Arab Emirates.

Performance of the Emirian Real Estate industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Deyaar Development PJSC has 2 warning signs (and 1 which shouldn't be ignored) we think you should know about.

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