- Saudi Arabia
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- Electrical
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- SASE:2110
Saudi Cable Second Quarter 2024 Earnings: EPS: ر.س1.78 (vs ر.س0.87 loss in 2Q 2023)
Saudi Cable (TADAWUL:2110) Second Quarter 2024 Results
Key Financial Results
- Revenue: ر.س10.1m (up 161% from 2Q 2023).
- Net income: ر.س11.9m (up from ر.س5.83m loss in 2Q 2023).
- EPS: ر.س1.78 (up from ر.س0.87 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Saudi Cable's share price is broadly unchanged from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Saudi Cable (2 are a bit concerning) you should be aware of.
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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 SASE:2110
Saudi Cable
Manufactures and supplies electrical and telecommunications cables in the Kingdom of Saudi Arabia and internationally.
Low with questionable track record.