Stock Analysis
- United Arab Emirates
- /
- Real Estate
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- ADX:RAKPROP
RAK Properties PJSC Full Year 2023 Earnings: EPS: د.إ0.10 (vs د.إ0.015 in FY 2022)
RAK Properties PJSC (ADX:RAKPROP) Full Year 2023 Results
Key Financial Results
- Revenue: د.إ1.00b (up 146% from FY 2022).
- Net income: د.إ201.8m (up by د.إ171.0m from FY 2022).
- Profit margin: 20% (up from 7.5% in FY 2022). The increase in margin was driven by higher revenue.
- EPS: د.إ0.10 (up from د.إ0.015 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
RAK Properties PJSC shares are down 2.2% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with RAK Properties PJSC, and understanding this should be part of your investment process.
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About ADX:RAKPROP
RAK Properties PJSC
RAK Properties PJSC, together with its subsidiaries, engages in the investment, development, and management of real estate properties in the United Arab Emirates.
Proven track record with adequate balance sheet.