Stock Analysis
- United Arab Emirates
- /
- Infrastructure
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- DFM:SALIK
Salik Company P.J.S.C Full Year 2023 Earnings: EPS Misses Expectations
Salik Company P.J.S.C (DFM:SALIK) Full Year 2023 Results
Key Financial Results
- Revenue: د.إ2.14b (up 13% from FY 2022).
- Net income: د.إ1.10b (down 17% from FY 2022).
- Profit margin: 51% (down from 70% in FY 2022). The decrease in margin was driven by higher expenses.
- EPS: د.إ0.15 (down from د.إ0.18 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Salik Company P.J.S.C EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.5%.
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Infrastructure industry in Asia.
Performance of the market in United Arab Emirates.
The company's shares are up 6.3% from a week ago.
Risk Analysis
Be aware that Salik Company P.J.S.C is showing 2 warning signs in our investment analysis that you should know about...
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About DFM:SALIK
Salik Company P.J.S.C
Salik Company P.J.S.C. designs, constructs, operates, and maintains the toll gates in Dubai.
Moderate growth potential with mediocre balance sheet.