Union Properties Third Quarter 2024 Earnings: EPS: د.إ0.004 (vs د.إ0.005 in 3Q 2023)

Union Properties (DFM:UPP) Third Quarter 2024 Results

Key Financial Results

• Revenue: د.إ123.3m (flat on 3Q 2023).
• Net income: د.إ18.4m (down 6.9% from 3Q 2023).
• Profit margin: 15% (down from 16% in 3Q 2023).
• EPS: د.إ0.004 (down from د.إ0.005 in 3Q 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 14% 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 up 2.9% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Union Properties.

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