- United Arab Emirates
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- Food
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- ADX:AGTHIA
Agthia Group PJSC Second Quarter 2024 Earnings: EPS: د.إ0.068 (vs د.إ0.046 in 2Q 2023)
Agthia Group PJSC (ADX:AGTHIA) Second Quarter 2024 Results
Key Financial Results
- Revenue: د.إ1.08b (up 5.7% from 2Q 2023).
- Net income: د.إ55.6m (up 45% from 2Q 2023).
- Profit margin: 5.2% (up from 3.8% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: د.إ0.068 (up from د.إ0.046 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Agthia Group PJSC Earnings Insights
Looking ahead, revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Food industry in Asia.
Performance of the market in United Arab Emirates.
The company's shares are down 2.2% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Agthia Group PJSC that you should be aware of.
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About ADX:AGTHIA
Agthia Group PJSC
Produces and sells food and beverage products in the United Arab Emirates and internationally.
Excellent balance sheet with proven track record and pays a dividend.