Stock Analysis

Naqi Water Third Quarter 2024 Earnings: EPS: ر.س0.50 (vs ر.س0.81 in 3Q 2023)

Simply Wall St

Published November 17, 2024

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).

SASE:2282 Earnings and Revenue History November 17th 2024

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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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.