Kingdom Holding Third Quarter 2024 Earnings: EPS: ر.س0.09 (vs ر.س0.11 in 3Q 2023)

Kingdom Holding (TADAWUL:4280) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س612.0m (flat on 3Q 2023).
• Net income: ر.س324.5m (down 17% from 3Q 2023).
• Profit margin: 53% (down from 64% in 3Q 2023).
• EPS: ر.س0.09 (down from ر.س0.11 in 3Q 2023).

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

Kingdom Holding Earnings Insights

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Diversified Financial industry in Asia.

Performance of the market in Saudi Arabia.

The company's shares are down 2.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Kingdom Holding that we have uncovered.

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