Stock Analysis
- Saudi Arabia
- /
- Healthcare Services
- /
- SASE:4014
Scientific and Medical Equipment House Second Quarter 2024 Earnings: EPS: ر.س0.26 (vs ر.س0.065 in 2Q 2023)
Scientific and Medical Equipment House (TADAWUL:4014) Second Quarter 2024 Results
Key Financial Results
- Revenue: ر.س216.8m (up 14% from 2Q 2023).
- Net income: ر.س7.35m (up 279% from 2Q 2023).
- Profit margin: 3.4% (up from 1.0% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: ر.س0.26 (up from ر.س0.065 in 2Q 2023).
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 10% 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 9.1% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Scientific and Medical Equipment House you should be aware 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:4014
Scientific and Medical Equipment House
Engages in the maintenance and contracting of medical devices; and trades in medical equipment and materials.