Baladna Q.P.S.C Reports Third Quarter 2024 Earnings

Baladna Q.P.S.C (DSM:BLDN) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.ق264.4m (up 3.3% from 3Q 2023).
• Net income: ر.ق40.6m (up 82% from 3Q 2023).
• Profit margin: 15% (up from 8.7% in 3Q 2023).

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

Baladna Q.P.S.C Earnings Insights

Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Food industry in Asia.

Performance of the market in Qatar.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Baladna Q.P.S.C (1 is significant!) that you need to be mindful of.

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