Palms Sports PJSC Second Quarter 2024 Earnings: EPS: د.إ0.15 (vs د.إ0.14 in 2Q 2023)

Palms Sports PJSC (ADX:PALMS) Second Quarter 2024 Results

Key Financial Results

• Revenue: د.إ253.6m (up 213% from 2Q 2023).
• Net income: د.إ22.6m (up 5.6% from 2Q 2023).
• Profit margin: 8.9% (down from 26% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: د.إ0.15 (up from د.إ0.14 in 2Q 2023).

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

Palms Sports PJSC shares are down 6.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Palms Sports PJSC you should be aware of, and 1 of them is significant.

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