Lesha Bank Second Quarter 2024 Earnings: EPS: ر.ق0.022 (vs ر.ق0.02 in 2Q 2023)

Lesha Bank (DSM:QFBQ) Second Quarter 2024 Results

Key Financial Results

• Revenue: ر.ق42.9m (up 35% from 2Q 2023).
• Net income: ر.ق25.0m (up 13% from 2Q 2023).
• Profit margin: 58% (down from 69% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: ر.ق0.022 (up from ر.ق0.02 in 2Q 2023).

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

Lesha Bank's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Lesha Bank's balance sheet.

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