Stock Analysis
- United Arab Emirates
- /
- Diversified Financial
- /
- DFM:ALANSARI
Al Ansari Financial Services PJSC Second Quarter 2024 Earnings: EPS: د.إ0.014 (vs د.إ0.017 in 2Q 2023)
Al Ansari Financial Services PJSC (DFM:ALANSARI) Second Quarter 2024 Results
Key Financial Results
- Revenue: د.إ163.4m (down 1.8% from 2Q 2023).
- Net income: د.إ106.7m (down 18% from 2Q 2023).
- Profit margin: 65% (down from 78% in 2Q 2023). The decrease in margin was primarily driven by higher expenses.
- EPS: د.إ0.014 (down from د.إ0.017 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Al Ansari Financial Services PJSC Earnings Insights
Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Diversified Financial industry in Asia.
Performance of the market in United Arab Emirates.
The company's shares are up 2.0% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Al Ansari Financial Services PJSC you should know about.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About DFM:ALANSARI
Al Ansari Financial Services PJSC
Provides a range of integrated financial services in the United Arab Emirates and internationally.