- Saudi Arabia
- /
- Specialty Stores
- /
- SASE:4050
Saudi Automotive Services Third Quarter 2024 Earnings: EPS: ر.س0.16 (vs ر.س0.18 in 3Q 2023)
Saudi Automotive Services (TADAWUL:4050) Third Quarter 2024 Results
Key Financial Results
- Revenue: ر.س2.64b (up 14% from 3Q 2023).
- Net income: ر.س11.2m (down 14% from 3Q 2023).
- Profit margin: 0.4% (down from 0.6% in 3Q 2023).
- EPS: ر.س0.16 (down from ر.س0.18 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Saudi Automotive Services Earnings Insights
Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Specialty Retail industry in Saudi Arabia.
Performance of the Saudi Specialty Retail industry.
The company's shares are up 1.0% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Saudi Automotive Services (of which 2 are significant!) you should know about.
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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.
About SASE:4050
Saudi Automotive Services
Owns and operates a network of vehicle service stations in Saudi Arabia.
High growth potential with proven track record.