- Saudi Arabia
- /
- Packaging
- /
- SASE:1201
Takween Advanced Industries Third Quarter 2024 Earnings: ر.س0.23 loss per share (vs ر.س0.65 loss in 3Q 2023)
Takween Advanced Industries (TADAWUL:1201) Third Quarter 2024 Results
Key Financial Results
- Revenue: ر.س183.9m (down 5.6% from 3Q 2023).
- Net loss: ر.س17.7m (loss narrowed by 42% from 3Q 2023).
- ر.س0.23 loss per share (improved from ر.س0.65 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Takween Advanced Industries Earnings Insights
Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Packaging industry in Asia.
Performance of the market in Saudi Arabia.
The company's shares are down 5.4% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Takween Advanced Industries (2 shouldn't be ignored!) that you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Takween Advanced Industries might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About SASE:1201
Takween Advanced Industries
Produces and sells plastic packaging products in the Kingdom of Saudi Arabia and the Arab Republic of Egypt.
Mediocre balance sheet low.