Stock Analysis

SOCEP Reports Third Quarter 2024 Earnings

BVB:SOCP
Source: Shutterstock

SOCEP (BVB:SOCP) Third Quarter 2024 Results

Key Financial Results

  • Revenue: RON82.8m (up 49% from 3Q 2023).
  • Net income: RON39.8m (up 155% from 3Q 2023).
  • Profit margin: 48% (up from 28% in 3Q 2023). The increase in margin was driven by higher revenue.
earnings-and-revenue-history
BVB:SOCP Earnings and Revenue History November 20th 2024

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

SOCEP shares are up 7.9% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for SOCEP (2 are a bit unpleasant!) that you should be aware of before investing here.

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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.

About BVB:SOCP

SOCEP

Together with its subsidiary, SOCEFIN S.R.L., provides cargo handling services in the ports of Constanta and Agigea, Romania.

Solid track record and good value.

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