National Central Cooling Company PJSC Second Quarter 2024 Earnings: EPS: د.إ0.055 (vs د.إ0.053 in 2Q 2023)

National Central Cooling Company PJSC (DFM:TABREED) Second Quarter 2024 Results

Key Financial Results

• Revenue: د.إ611.4m (up 1.3% from 2Q 2023).
• Net income: د.إ156.9m (up 4.6% from 2Q 2023).
• Profit margin: 26% (in line with 2Q 2023).
• EPS: د.إ0.055 (up from د.إ0.053 in 2Q 2023).

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

National Central Cooling Company PJSC Earnings Insights

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Water Utilities industry in Asia.

Performance of the market in United Arab Emirates.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for National Central Cooling Company PJSC that you need to be mindful of.

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