- Saudi Arabia
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- Food
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- SASE:6020
Al Gassim Investment Holding First Quarter 2024 Earnings: ر.س0.059 loss per share (vs ر.س0.019 profit in 1Q 2023)
Al Gassim Investment Holding (TADAWUL:6020) First Quarter 2024 Results
Key Financial Results
- Net loss: ر.س1.76m (down by 413% from ر.س560.6k profit in 1Q 2023).
- ر.س0.059 loss per share (down from ر.س0.019 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Al Gassim Investment Holding shares are down 3.3% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Al Gassim Investment Holding that you need to be mindful of.
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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.
About SASE:6020
Al Gassim Investment Holding
Engages in the leasing of investment properties, plants, and equipment in the Kingdom of Saudi Arabia.
Excellent balance sheet and overvalued.