Al Obeikan Glass Third Quarter 2024 Earnings: EPS: ر.س0.32 (vs ر.س0.55 in 3Q 2023)

Al Obeikan Glass (TADAWUL:9531) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س87.8m (down 6.4% from 3Q 2023).
• Net income: ر.س10.1m (down 43% from 3Q 2023).
• Profit margin: 12% (down from 19% in 3Q 2023). The decrease in margin was primarily driven by lower revenue.
• EPS: ر.س0.32 (down from ر.س0.55 in 3Q 2023).

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

Al Obeikan Glass shares are down 2.7% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Al Obeikan Glass (2 are concerning) you should be aware of.

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