Stock Analysis
Northern Region Cement (TADAWUL:3004) Full Year 2023 Results
Key Financial Results
- Revenue: ر.س689.6m (up 12% from FY 2022).
- Net income: ر.س56.3m (down 50% from FY 2022).
- Profit margin: 8.2% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Northern Region Cement shares are down 1.7% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for Northern Region Cement (1 is a bit concerning!) that you need to be mindful of.
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Find out whether Northern Region Cement is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SASE:3004
Northern Region Cement
Northern Region Cement Company engages in the production and sale of Portland cement in Saudi Arabia and The Hashemite Kingdom of Jordan.
Questionable track record with imperfect balance sheet.
