Electrical Industries Third Quarter 2024 Earnings: EPS: ر.س0.11 (vs ر.س0.051 in 3Q 2023)

Electrical Industries (TADAWUL:1303) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س505.8m (up 29% from 3Q 2023).
• Net income: ر.س121.4m (up 115% from 3Q 2023).
• Profit margin: 24% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: ر.س0.11 (up from ر.س0.051 in 3Q 2023).

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

Electrical Industries shares are up 1.2% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Electrical Industries that you need to be mindful of.

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