Scientific and Medical Equipment House Full Year 2023 Earnings: EPS: ر.س1.34 (vs ر.س0.59 in FY 2022)

Scientific and Medical Equipment House (TADAWUL:4014) Full Year 2023 Results

Key Financial Results

• Revenue: ر.س799.3m (up 12% from FY 2022).
• Net income: ر.س40.1m (up 128% from FY 2022).
• Profit margin: 5.0% (up from 2.5% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: ر.س1.34 (up from ر.س0.59 in FY 2022).

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

Scientific and Medical Equipment House Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Healthcare industry in Saudi Arabia.

Performance of the Saudi Healthcare industry.

The company's shares are down 3.8% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Scientific and Medical Equipment House that you need to be mindful of.

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