Stock Analysis

Zamil Industrial Investment Third Quarter 2024 Earnings: EPS: ر.س0.12 (vs ر.س0.55 loss in 3Q 2023)

SASE:2240
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Zamil Industrial Investment (TADAWUL:2240) Third Quarter 2024 Results

Key Financial Results

  • Revenue: ر.س1.64b (up 34% from 3Q 2023).
  • Net income: ر.س7.05m (up from ر.س33.3m loss in 3Q 2023).
  • Profit margin: 0.4% (up from net loss in 3Q 2023).
  • EPS: ر.س0.12 (up from ر.س0.55 loss in 3Q 2023).
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SASE:2240 Earnings and Revenue Growth November 13th 2024

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 2.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Metals and Mining industry in Saudi Arabia.

Performance of the Saudi Metals and Mining industry.

The company's shares are down 1.1% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Zamil Industrial Investment has 1 warning sign we think you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if Zamil Industrial Investment 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:2240

Zamil Industrial Investment

Engages in the design and engineering, manufacturing, and fabrication of construction materials, pre-engineering steel buildings, steel structures, air conditions, and climate control systems for commercial, industrial, and residential applications, as well as for telecom and broadcasting towers, process equipment, fiberglass, rockwool and engineering plastic foam insulation, and solar power projects.

Reasonable growth potential and fair value.