Stock Analysis
- Saudi Arabia
- /
- Consumer Durables
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- SASE:2130
Saudi Industrial Development First Quarter 2024 Earnings: ر.س0.03 loss per share (vs ر.س0.017 loss in 1Q 2023)
Saudi Industrial Development (TADAWUL:2130) First Quarter 2024 Results
Key Financial Results
- Revenue: ر.س43.2m (up 3.5% from 1Q 2023).
- Net loss: ر.س1.21m (loss widened by 82% from 1Q 2023).
- ر.س0.03 loss per share (further deteriorated from ر.س0.017 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Saudi Industrial Development shares are down 3.8% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Saudi Industrial Development (2 are concerning!) that you should be aware of.
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About SASE:2130
Saudi Industrial Development
Manufactures and sells sanitary wares and sponge products in the Kingdom of Saudi Arabia and the Arab Republic of Egypt.
Imperfect balance sheet and overvalued.