National Environmental Recycling First Half 2024 Earnings: EPS: ر.س0.20 (vs ر.س0.18 in 1H 2023)

National Environmental Recycling (TADAWUL:9540) First Half 2024 Results

Key Financial Results

• Revenue: ر.س396.9m (up 54% from 1H 2023).
• Net income: ر.س11.0m (up 11% from 1H 2023).
• Profit margin: 2.8% (down from 3.8% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: ر.س0.20 (up from ر.س0.18 in 1H 2023).

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

National Environmental Recycling shares are down 1.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for National Environmental Recycling (of which 1 is a bit unpleasant!) you should know about.

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