Stock Analysis

Aamal Company Q.P.S.C Second Quarter 2024 Earnings: EPS: ر.ق0.015 (vs ر.ق0.012 in 2Q 2023)

DSM:AHCS
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Aamal Company Q.P.S.C (DSM:AHCS) Second Quarter 2024 Results

Key Financial Results

  • Revenue: ر.ق502.0m (down 9.7% from 2Q 2023).
  • Net income: ر.ق94.3m (up 19% from 2Q 2023).
  • Profit margin: 19% (up from 14% in 2Q 2023). The increase in margin was driven by lower expenses.
  • EPS: ر.ق0.015 (up from ر.ق0.012 in 2Q 2023).
earnings-and-revenue-growth
DSM:AHCS Earnings and Revenue Growth July 25th 2024

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

Aamal Company Q.P.S.C Earnings Insights

Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Industrials industry in Asia.

Performance of the market in Qatar.

The company'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 have a graphic representation of Aamal Company Q.P.S.C's balance sheet and an in-depth analysis of the company's financial position.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.