Burjeel Holdings Second Quarter 2024 Earnings: EPS: د.إ0.01 (vs د.إ0.018 in 2Q 2023)

Burjeel Holdings (ADX:BURJEEL) Second Quarter 2024 Results

Key Financial Results

• Revenue: د.إ1.18b (up 9.7% from 2Q 2023).
• Net income: د.إ61.6m (down 35% from 2Q 2023).
• Profit margin: 5.2% (down from 8.8% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: د.إ0.01 (down from د.إ0.018 in 2Q 2023).

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

Burjeel Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Healthcare industry in Asia.

Performance of the market in United Arab Emirates.

The company's shares are down 5.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Burjeel Holdings has 1 warning sign we think you should be aware of.

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