- Saudi Arabia
- /
- Beverage
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- SASE:2282
Naqi Water Third Quarter 2024 Earnings: EPS: ر.س0.50 (vs ر.س0.81 in 3Q 2023)
Naqi Water (TADAWUL:2282) Third Quarter 2024 Results
Key Financial Results
- Revenue: ر.س61.0m (down 7.0% from 3Q 2023).
- Net income: ر.س10.1m (down 38% from 3Q 2023).
- Profit margin: 17% (down from 25% in 3Q 2023). The decrease in margin was primarily driven by lower revenue.
- EPS: ر.س0.50 (down from ر.س0.81 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Naqi Water shares are down 1.8% from a week ago.
Risk Analysis
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About SASE:2282
Naqi Water
Engages in the production and bottling of pure filtered water in the Kingdom of Saudi Arabia.
Excellent balance sheet with poor track record.