Stock Analysis
- Saudi Arabia
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- Other Utilities
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- SASE:2083
Power and Water Utility Company for Jubail and Yanbu First Quarter 2024 Earnings: EPS: ر.س0.17 (vs ر.س0.43 in 1Q 2023)
Power and Water Utility Company for Jubail and Yanbu (TADAWUL:2083) First Quarter 2024 Results
Key Financial Results
- Revenue: ر.س1.60b (up 8.6% from 1Q 2023).
- Net income: ر.س42.8m (down 60% from 1Q 2023).
- Profit margin: 2.7% (down from 7.2% in 1Q 2023). The decrease in margin was driven by higher expenses.
- EPS: ر.س0.17 (down from ر.س0.43 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Power and Water Utility Company for Jubail and Yanbu Earnings Insights
Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Integrated Utilities industry in Asia.
Performance of the market in Saudi Arabia.
The company's shares are down 2.3% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Power and Water Utility Company for Jubail and Yanbu (at least 1 which can't be ignored), and understanding these should be part of your investment process.
Valuation is complex, but we're helping make it simple.
Find out whether Power and Water Utility Company for Jubail and Yanbu is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SASE:2083
Power and Water Utility Company for Jubail and Yanbu
Engages in the operation, maintenance, management, expansion, and construction of power and water systems to governmental, industrial, commercial, and residential customers.
Reasonable growth potential and fair value.