National Company for Glass Industries Full Year 2023 Earnings: EPS: ر.س1.46 (vs ر.س3.34 in FY 2022)

National Company for Glass Industries (TADAWUL:2150) Full Year 2023 Results

Key Financial Results

• Revenue: ر.س153.9m (up 37% from FY 2022).
• Net income: ر.س47.9m (down 56% from FY 2022).
• Profit margin: 31% (down from 98% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: ر.س1.46 (down from ر.س3.34 in FY 2022).

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

National Company for Glass Industries shares are up 6.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for National Company for Glass Industries (1 is potentially serious!) that you should be aware of.

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