Stock Analysis

QLM Life & Medical Insurance Company Q.P.S.C Second Quarter 2024 Earnings: EPS: ر.ق0.07 (vs ر.ق0.067 in 2Q 2023)

DSM:QLMI
Source: Shutterstock

QLM Life & Medical Insurance Company Q.P.S.C (DSM:QLMI) Second Quarter 2024 Results

Key Financial Results

  • Revenue: ر.ق315.9m (up 8.8% from 2Q 2023).
  • Net income: ر.ق24.7m (down 7.6% from 2Q 2023).
  • Profit margin: 7.8% (down from 9.2% in 2Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: ر.ق0.07.
earnings-and-revenue-history
DSM:QLMI Earnings and Revenue History August 18th 2024

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

QLM Life & Medical Insurance Company Q.P.S.C shares are up 1.3% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for QLM Life & Medical Insurance Company Q.P.S.C (2 make us uncomfortable!) that you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if QLM Life & Medical Insurance Company Q.P.S.C might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.