Makkah Construction and Development Reports Full Year 2023 Earnings

Makkah Construction and Development (TADAWUL:4100) Full Year 2023 Results

Key Financial Results

• Revenue: ر.س730.9m (up 72% from FY 2022).
• Net income: ر.س334.2m (up 133% from FY 2022).
• Profit margin: 46% (up from 34% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: ر.س2.03.

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

Makkah Construction and Development shares are down 4.1% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Makkah Construction and Development has 1 warning sign we think you should be aware of.

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