Stock Analysis
Gulf Warehousing Company Q.P.S.C Full Year 2024 Earnings: Misses Expectations
Gulf Warehousing Company Q.P.S.C (DSM:GWCS) Full Year 2024 Results
Key Financial Results
- Revenue: ر.ق1.58b (up 4.9% from FY 2023).
- Net income: ر.ق171.9m (down 20% from FY 2023).
- Profit margin: 11% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: ر.ق0.29 (down from ر.ق0.37 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Gulf Warehousing Company Q.P.S.C Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 9.4%.
The primary driver behind last 12 months revenue was the Logistics segment contributing a total revenue of ر.ق1.23b (78% of total revenue). Notably, cost of sales worth ر.ق1.15b amounted to 73% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to ر.ق137.2m (53% of total expenses). Explore how GWCS's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Logistics industry in Asia.
Performance of the market in Qatar.
The company's shares are down 2.2% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Gulf Warehousing Company Q.P.S.C, and understanding it should be part of your investment process.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
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.
About DSM:GWCS
Gulf Warehousing Company Q.P.S.C
Provides logistics and freight forwarding services in Qatar and internationally.
