Abdulmohsen Al-Hokair Group for Tourism and Development Third Quarter 2024 Earnings: EPS: ر.س0.02 (vs ر.س0.023 in 3Q 2023)

Simply Wall St

November 19, 2024

Abdulmohsen Al-Hokair Group for Tourism and Development (TADAWUL:1820) Third Quarter 2024 Results

Key Financial Results

Revenue: ر.س161.1m (down 25% from 3Q 2023).
Net income: ر.س7.27m (up 1.7% from 3Q 2023).
Profit margin: 4.5% (up from 3.3% in 3Q 2023).
EPS: ر.س0.02.

earnings-and-revenue-growth — SASE:1820 Earnings and Revenue Growth November 19th 2024

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

Abdulmohsen Al-Hokair Group for Tourism and Development Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Saudi Arabia.

Performance of the Saudi Hospitality industry.

The company's shares are down 8.6% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Abdulmohsen Al-Hokair Group for Tourism and Development's balance sheet.

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