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

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).

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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