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Hagag Group Real Estate Entrepreneurship Third Quarter 2024 Earnings: EPS: ₪0.18 (vs ₪0.25 in 3Q 2023)
Hagag Group Real Estate Entrepreneurship (TLV:HGG) Third Quarter 2024 Results
Key Financial Results
- Revenue: ₪115.0m (up 107% from 3Q 2023).
- Net income: ₪11.0m (down 25% from 3Q 2023).
- Profit margin: 9.6% (down from 27% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: ₪0.18 (down from ₪0.25 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hagag Group Real Estate Entrepreneurship shares are up 5.2% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Hagag Group Real Estate Entrepreneurship (1 can't be ignored!) that you should be aware of.
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About TASE:HGG
Hagag Group Real Estate Entrepreneurship
Engages in the development, management, and marketing of real estate projects in Israel.
Acceptable track record with mediocre balance sheet.