Stock Analysis

Al Ramz Corporation Investment and Development P.J.S.C Second Quarter 2023 Earnings: EPS: د.إ0.012 (vs د.إ0.025 in 2Q 2022)

DFM:ALRAMZ
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Al Ramz Corporation Investment and Development P.J.S.C (DFM:ALRAMZ) Second Quarter 2023 Results

Key Financial Results

  • Revenue: د.إ25.9m (down 16% from 2Q 2022).
  • Net income: د.إ6.41m (down 53% from 2Q 2022).
  • Profit margin: 25% (down from 44% in 2Q 2022). The decrease in margin was primarily driven by lower revenue.
  • EPS: د.إ0.012 (down from د.إ0.025 in 2Q 2022).
earnings-and-revenue-history
DFM:ALRAMZ Earnings and Revenue History August 9th 2023

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

Al Ramz Corporation Investment and Development P.J.S.C's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 5 warning signs for Al Ramz Corporation Investment and Development P.J.S.C (3 are potentially serious) you should be aware of.

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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.