Stock Analysis
- Qatar
- /
- Oil and Gas
- /
- DSM:QGTS
Qatar Gas Transport Company Limited (Nakilat) (QPSC) Second Quarter 2024 Earnings: EPS: ر.ق0.07 (vs ر.ق0.07 in 2Q 2023)
Qatar Gas Transport Company Limited (Nakilat) (QPSC) (DSM:QGTS) Second Quarter 2024 Results
Key Financial Results
- Revenue: ر.ق920.4m (up 2.1% from 2Q 2023).
- Net income: ر.ق409.4m (up 8.0% from 2Q 2023).
- Profit margin: 45% (up from 42% in 2Q 2023). The increase in margin was primarily driven by lower expenses.
- EPS: ر.ق0.07 (in line with 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Qatar Gas Transport Company Limited (Nakilat) (QPSC) Earnings Insights
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 2.7% decline forecast for the Oil and Gas industry in Asia.
Performance of the market in Qatar.
The company's shares are down 1.2% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Qatar Gas Transport Company Limited (Nakilat) (QPSC) (1 is a bit concerning!) that you need to take into consideration.
Valuation is complex, but we're here to simplify it.
Discover if Qatar Gas Transport Company Limited (Nakilat) (QPSC) might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About DSM:QGTS
Qatar Gas Transport Company Limited (Nakilat) (QPSC)
Operates as a shipping and maritime company in Qatar.