NMDC Group PJSC Third Quarter 2024 Earnings: EPS: د.إ0.83 (vs د.إ0.77 in 3Q 2023)

NMDC Group PJSC (ADX:NMDC) Third Quarter 2024 Results

Key Financial Results

• Revenue: د.إ6.39b (up 50% from 3Q 2023).
• Net income: د.إ699.6m (up 11% from 3Q 2023).
• Profit margin: 11% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: د.إ0.83 (up from د.إ0.77 in 3Q 2023).

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

NMDC Group PJSC Earnings Insights

Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Construction industry in Asia.

Performance of the market in United Arab Emirates.

The company's shares are down 1.6% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for NMDC Group PJSC (2 are significant!) that you should be aware of before investing here.

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