- Saudi Arabia
- /
- Specialty Stores
- /
- SASE:4190
Jarir Marketing Second Quarter 2024 Earnings: EPS: ر.س0.14 (vs ر.س0.13 in 2Q 2023)
Jarir Marketing (TADAWUL:4190) Second Quarter 2024 Results
Key Financial Results
- Revenue: ر.س2.65b (up 8.8% from 2Q 2023).
- Net income: ر.س171.1m (up 9.8% from 2Q 2023).
- Profit margin: 6.5% (up from 6.4% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: ر.س0.14 (up from ر.س0.13 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jarir Marketing Earnings Insights
Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Saudi Arabia.
Performance of the Saudi Specialty Retail industry.
The company's share price is broadly unchanged from a week ago.
Valuation
It's possible that Jarir Marketing could be undervalued with our 6-factor valuation analysis indicating a potential opportunity. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.
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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:4190
Jarir Marketing
Engages in the retail and wholesale trading of office and school supplies in the Kingdom of Saudi Arabia, Egypt, and other Gulf countries.
Flawless balance sheet established dividend payer.