Middle East Company for Manufacturing and Producing Paper Third Quarter 2024 Earnings: ر.س0.21 loss per share (vs ر.س0.27 loss in 3Q 2023)

Middle East Company for Manufacturing and Producing Paper (TADAWUL:1202) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س276.9m (up 21% from 3Q 2023).
• Net loss: ر.س18.5m (loss widened by 3.8% from 3Q 2023).
• ر.س0.21 loss per share.

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

Middle East Company for Manufacturing and Producing Paper Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in Asia.

Performance of the market in Saudi Arabia.

The company's shares are down 3.1% from a week ago.

Risk Analysis

Be aware that Middle East Company for Manufacturing and Producing Paper is showing 2 warning signs in our investment analysis and 1 of those is potentially serious...

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