Stock Analysis
- Saudi Arabia
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- Capital Markets
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- SASE:1111
Saudi Tadawul Group Holding First Quarter 2024 Earnings: EPS: ر.س1.68 (vs ر.س0.76 in 1Q 2023)
Saudi Tadawul Group Holding (TADAWUL:1111) First Quarter 2024 Results
Key Financial Results
- Revenue: ر.س387.6m (up 73% from 1Q 2023).
- Net income: ر.س201.5m (up 122% from 1Q 2023).
- Profit margin: 52% (up from 41% in 1Q 2023). The increase in margin was driven by higher revenue.
- EPS: ر.س1.68 (up from ر.س0.76 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Saudi Tadawul Group Holding Earnings Insights
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Capital Markets industry in Asia.
Performance of the market in Saudi Arabia.
The company's shares are down 6.5% 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. See our latest analysis on Saudi Tadawul Group Holding's balance sheet health.
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Find out whether Saudi Tadawul Group Holding is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SASE:1111
Saudi Tadawul Group Holding
Through its subsidiaries, engages in listing and trading of securities for local and international investors in the Kingdom of Saudi Arabia.
Excellent balance sheet with reasonable growth potential.