- Saudi Arabia
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- Diversified Financial
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- SASE:2120
Saudi Advanced Industries Full Year 2024 Earnings: EPS: ر.س5.00 (vs ر.س2.52 in FY 2023)
Saudi Advanced Industries (TADAWUL:2120) Full Year 2024 Results
Key Financial Results
- Revenue: ر.س342.4m (up 90% from FY 2023).
- Net income: ر.س295.1m (up 98% from FY 2023).
- Profit margin: 86% (up from 83% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: ر.س5.00 (up from ر.س2.52 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Saudi Advanced Industries' share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Saudi Advanced Industries (1 is potentially serious!) that you need to take into consideration.
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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:2120
Saudi Advanced Industries
Invests in various industrial projects in the Kingdom of Saudi Arabia.
Solid track record with excellent balance sheet.
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