Al Hassan Ghazi Ibrahim Shaker Third Quarter 2023 Earnings: EPS: ر.س0.35 (vs ر.س0.17 in 3Q 2022)

-4.20%

SHAKER

1214.SA

31.90

-4.20%

Al Hassan Ghazi Ibrahim Shaker (TADAWUL:1214) Third Quarter 2023 Results

Key Financial Results

Revenue: ر.س322.7m (up 37% from 3Q 2022).
Net income: ر.س16.8m (up 104% from 3Q 2022).
Profit margin: 5.2% (up from 3.5% in 3Q 2022). The increase in margin was driven by higher revenue.
EPS: ر.س0.35 (up from ر.س0.17 in 3Q 2022).

earnings-and-revenue-growth — SASE:1214 Earnings and Revenue Growth November 14th 2023

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

Al Hassan Ghazi Ibrahim Shaker Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Trade Distributors industry in Asia.

Performance of the market in Saudi Arabia.

The company's shares are up 1.7% from a week ago.

Risk Analysis

Be aware that Al Hassan Ghazi Ibrahim Shaker is showing 2 warning signs in our investment analysis and 1 of those is a bit concerning...

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