Aldrees Petroleum and Transport Services Third Quarter 2022 Earnings: EPS: ر.س0.82 (vs ر.س0.63 in 3Q 2021)

Simply Wall St

October 20, 2022

Aldrees Petroleum and Transport Services (TADAWUL:4200) Third Quarter 2022 Results

Key Financial Results

Revenue: ر.س3.26b (up 27% from 3Q 2021).
Net income: ر.س61.7m (up 30% from 3Q 2021).
Profit margin: 1.9% (in line with 3Q 2021).
EPS: ر.س0.82 (up from ر.س0.63 in 3Q 2021).

earnings-and-revenue-growth — SASE:4200 Earnings and Revenue Growth October 20th 2022

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

Aldrees Petroleum and Transport Services Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.2% decline forecast for the Oil and Gas industry in Asia.

Performance of the market in Saudi Arabia.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Aldrees Petroleum and Transport Services is showing 1 warning sign in our investment analysis that you should know about...

If you're looking to trade Aldrees Petroleum and Transport Services, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.

With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.

Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.