Dana Gas PJSC Third Quarter 2024 Earnings: EPS: US$0.006 (vs US$0.006 in 3Q 2023)

Dana Gas PJSC (ADX:DANA) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$77.0m (down 7.2% from 3Q 2023).
• Net income: US$40.0m (down 7.0% from 3Q 2023).
• Profit margin: 52% (in line with 3Q 2023).
• EPS: US$0.006 (in line with 3Q 2023).

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

Dana Gas PJSC Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Asia are expected to remain flat.

Performance of the market in United Arab Emirates.

The company's shares are up 1.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Dana Gas PJSC that you need to take into consideration.

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