Stock Analysis
Alamar Foods (TADAWUL:6014) Full Year 2023 Results
Key Financial Results
- Revenue: ر.س991.7m (down 7.8% from FY 2022).
- Net income: ر.س58.0m (down 50% from FY 2022).
- Profit margin: 5.8% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue.
- EPS: ر.س2.29 (down from ر.س4.58 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Alamar Foods Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) also missed analyst estimates by 12%.
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 3.4% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Alamar Foods.
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About SASE:6014
Alamar Foods
Alamar Foods Company operates as a franchisee and operator of Domino’s Pizza and Dunkin’ Donuts in the MENA region.
High growth potential with excellent balance sheet.