Electrical Industries Second Quarter 2024 Earnings: EPS: ر.س0.09 (vs ر.س0.045 in 2Q 2023)

Electrical Industries (TADAWUL:1303) Second Quarter 2024 Results

Key Financial Results

• Revenue: ر.س494.9m (up 32% from 2Q 2023).
• Net income: ر.س100.6m (up 101% from 2Q 2023).
• Profit margin: 20% (up from 13% in 2Q 2023). The increase in margin was driven by higher revenue.
• EPS: ر.س0.09 (up from ر.س0.045 in 2Q 2023).

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

Electrical Industries shares are up 10.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Electrical Industries that you should be aware of.

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