National Shipping Company of Saudi Arabia Third Quarter 2024 Earnings: EPS: ر.س0.69 (vs ر.س0.30 in 3Q 2023)

National Shipping Company of Saudi Arabia (TADAWUL:4030) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س2.24b (up 11% from 3Q 2023).
• Net income: ر.س509.0m (up 127% from 3Q 2023).
• Profit margin: 23% (up from 11% in 3Q 2023). The increase in margin was primarily driven by higher revenue.
• EPS: ر.س0.69 (up from ر.س0.30 in 3Q 2023).

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

National Shipping Company of Saudi Arabia shares are down 3.6% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for National Shipping Company of Saudi Arabia you should be aware of.

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