Stock Analysis
- United Arab Emirates
- /
- Real Estate
- /
- DFM:UPP
Union Properties Second Quarter 2024 Earnings: EPS: د.إ0.004 (vs د.إ0.001 in 2Q 2023)
Union Properties (DFM:UPP) Second Quarter 2024 Results
Key Financial Results
- Revenue: د.إ127.7m (up 7.6% from 2Q 2023).
- Net income: د.إ18.3m (up 238% from 2Q 2023).
- Profit margin: 14% (up from 4.6% in 2Q 2023).
- EPS: د.إ0.004 (up from د.إ0.001 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Union Properties Earnings Insights
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Real Estate industry in United Arab Emirates.
Performance of the Emirian Real Estate industry.
The company's shares are down 10% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Union Properties has 2 warning signs we think you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About DFM:UPP
Union Properties
Invests in, develops, manages, maintains, and sells real estate properties primarily in the United Arab Emirates.