Morabaha Marina Financing Reports Full Year 2023 Earnings

Morabaha Marina Financing (TADAWUL:4082) Full Year 2023 Results

Key Financial Results

• Revenue: ر.س176.6m (up 18% from FY 2022).
• Net income: ر.س31.0m (down 31% from FY 2022).
• Profit margin: 18% (down from 30% in FY 2022). The decrease in margin was driven by higher expenses.

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

Morabaha Marina Financing shares are down 4.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Morabaha Marina Financing (1 makes us a bit uncomfortable) you should be aware of.

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