Stock Analysis

Red Sea International Third Quarter 2024 Earnings: ر.س0.67 loss per share (vs ر.س0.49 loss in 3Q 2023)

SASE:4230
Source: Shutterstock

Red Sea International (TADAWUL:4230) Third Quarter 2024 Results

Key Financial Results

  • Revenue: ر.س705.7m (up 479% from 3Q 2023).
  • Net loss: ر.س20.4m (loss widened by 36% from 3Q 2023).
  • ر.س0.67 loss per share (further deteriorated from ر.س0.49 loss in 3Q 2023).
earnings-and-revenue-history
SASE:4230 Earnings and Revenue History November 18th 2024

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

Red Sea International shares are down 14% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Red Sea International that you should be aware of.

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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.