Zamil Industrial Investment Full Year 2023 Earnings: ر.س5.62 loss per share (vs ر.س2.90 loss in FY 2022)

Zamil Industrial Investment (TADAWUL:2240) Full Year 2023 Results

Key Financial Results

• Revenue: ر.س4.68b (up 19% from FY 2022).
• Net loss: ر.س337.2m (loss widened by 94% from FY 2022).
• ر.س5.62 loss per share (further deteriorated from ر.س2.90 loss in FY 2022).

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

Zamil Industrial Investment Earnings Insights

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Metals and Mining industry in Asia.

Performance of the market in Saudi Arabia.

The company's shares are down 11% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Zamil Industrial Investment.

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