BinDawood Holding Second Quarter 2024 Earnings: EPS: ر.س0.06 (vs ر.س0.061 in 2Q 2023)

BinDawood Holding (TADAWUL:4161) Second Quarter 2024 Results

Key Financial Results

• Revenue: ر.س1.42b (flat on 2Q 2023).
• Net income: ر.س72.6m (up 4.8% from 2Q 2023).
• Profit margin: 5.1% (up from 4.9% in 2Q 2023).
• EPS: ر.س0.06.

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

BinDawood Holding Earnings Insights

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Consumer Retailing industry in Saudi Arabia.

Performance of the Saudi Consumer Retailing industry.

The company's shares are up 5.6% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for BinDawood Holding that you should be aware of.

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