Arriyadh Development Second Quarter 2024 Earnings: EPS: ر.س0.52 (vs ر.س0.24 in 2Q 2023)

Arriyadh Development (TADAWUL:4150) Second Quarter 2024 Results

Key Financial Results

• Revenue: ر.س142.5m (up 105% from 2Q 2023).
• Net income: ر.س91.9m (up 112% from 2Q 2023).
• Profit margin: 65% (up from 62% in 2Q 2023). The increase in margin was driven by higher revenue.
• EPS: ر.س0.52 (up from ر.س0.24 in 2Q 2023).

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

Arriyadh Development shares are up 1.8% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Arriyadh Development that you should be aware of before investing here.

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