- Saudi Arabia
- /
- Media
- /
- SASE:4210
Saudi Research and Media Group Second Quarter 2024 Earnings: EPS: ر.س1.02 (vs ر.س2.27 in 2Q 2023)
Saudi Research and Media Group (TADAWUL:4210) Second Quarter 2024 Results
Key Financial Results
- Revenue: ر.س850.5m (down 13% from 2Q 2023).
- Net income: ر.س81.4m (down 55% from 2Q 2023).
- Profit margin: 9.6% (down from 19% in 2Q 2023). The decrease in margin was driven by lower revenue.
- EPS: ر.س1.02 (down from ر.س2.27 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Saudi Research and Media Group Earnings Insights
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Media industry in Asia.
Performance of the market in Saudi Arabia.
The company's shares are up 2.6% from a week ago.
Risk Analysis
Be aware that Saudi Research and Media Group is showing 2 warning signs in our investment analysis that you should know about...
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SASE:4210
Saudi Research and Media Group
Operates as a publishing company, engages in trading, media, advertising, promotions, distribution, printing and publishing, and public relations in Europe, North America, Africa, Asia, the Middle East, and North Africa.
Flawless balance sheet with reasonable growth potential.