Naphtha Israel Petroleum Reports Full Year 2023 Earnings

Naphtha Israel Petroleum (TLV:NFTA) Full Year 2023 Results

Key Financial Results

• Revenue: ₪2.04b (up 11% from FY 2022).
• Net income: ₪166.0m (down 29% from FY 2022).
• Profit margin: 8.1% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses.

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

Naphtha Israel Petroleum shares are down 1.9% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Naphtha Israel Petroleum (at least 1 which is significant), and understanding them should be part of your investment process.

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