- Saudi Arabia
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- Consumer Durables
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- SASE:2130
Saudi Industrial Development Second Quarter 2024 Earnings: ر.س0.19 loss per share (vs ر.س0.24 loss in 2Q 2023)
Saudi Industrial Development (TADAWUL:2130) Second Quarter 2024 Results
Key Financial Results
- Revenue: ر.س28.8m (down 34% from 2Q 2023).
- Net loss: ر.س7.44m (loss narrowed by 23% from 2Q 2023).
- ر.س0.19 loss per share (improved from ر.س0.24 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Saudi Industrial Development shares are up 4.1% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for Saudi Industrial Development you should be aware of, and 2 of them are concerning.
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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:2130
Saudi Industrial Development
Manufactures and sells sanitary wares and sponge products in the Kingdom of Saudi Arabia and the Arab Republic of Egypt.
Low with imperfect balance sheet.
