Stock Analysis

Dubai Financial Market P.J.S.C Second Quarter 2024 Earnings: EPS: د.إ0.011 (vs د.إ0.01 in 2Q 2023)

DFM:DFM
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Dubai Financial Market P.J.S.C (DFM:DFM) Second Quarter 2024 Results

Key Financial Results

  • Revenue: د.إ157.6m (up 23% from 2Q 2023).
  • Net income: د.إ91.8m (up 20% from 2Q 2023).
  • Profit margin: 58% (down from 60% in 2Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: د.إ0.011 (up from د.إ0.01 in 2Q 2023).
earnings-and-revenue-growth
DFM:DFM Earnings and Revenue Growth August 2nd 2024

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

Dubai Financial Market P.J.S.C Earnings Insights

Looking ahead, revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Asia are expected to grow by 7.3%.

Performance of the market in United Arab Emirates.

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

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Dubai Financial Market P.J.S.C's balance sheet and an in-depth analysis of the company's financial position.

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