Emirates Driving Company P.J.S.C Second Quarter 2024 Earnings: EPS: د.إ0.05 (vs د.إ0.057 in 2Q 2023)

Emirates Driving Company P.J.S.C (ADX:DRIVE) Second Quarter 2024 Results

Key Financial Results

• Revenue: د.إ85.7m (up 6.2% from 2Q 2023).
• Net income: د.إ55.3m (down 9.5% from 2Q 2023).
• Profit margin: 65% (down from 76% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: د.إ0.05 (down from د.إ0.057 in 2Q 2023).

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

Emirates Driving Company P.J.S.C shares are up 3.0% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Emirates Driving Company P.J.S.C you should be aware of.

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