Fawaz Abdulaziz Al Hokair Reports Third Quarter 2024 Earnings

Fawaz Abdulaziz Al Hokair (TADAWUL:4240) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س1.17b (down 1.4% from 3Q 2023).
• Net income: ر.س17.0m (up from ر.س204.1m loss in 3Q 2023).
• Profit margin: 1.5% (up from net loss in 3Q 2023).

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

Fawaz Abdulaziz Al Hokair Earnings Insights

Looking ahead, revenue is forecast to grow 1.8% 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 down 3.5% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Fawaz Abdulaziz Al Hokair has 3 warning signs we think you should be aware of.

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