Al Masane Al Kobra Mining Full Year 2024 Earnings: Beats Expectations

Al Masane Al Kobra Mining (TADAWUL:1322) Full Year 2024 Results

Key Financial Results

• Revenue: ر.س780.6m (up 60% from FY 2023).
• Net income: ر.س177.9m (up 226% from FY 2023).
• Profit margin: 23% (up from 11% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: ر.س2.01 (up from ر.س0.73 in FY 2023).

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

Al Masane Al Kobra Mining Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 26%.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Al Masane Al Kobra Mining that we have uncovered.

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