Fawaz Abdulaziz Al Hokair (TADAWUL:4240) Full Year 2024 Results

Key Financial Results

• Revenue: ر.س4.85b (down 7.4% from FY 2023).
• Net loss: ر.س152.0m (loss narrowed by 87% from FY 2023).
• ر.س1.32 loss per share (improved from ر.س9.79 loss in FY 2023).

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

Fawaz Abdulaziz Al Hokair Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) also missed analyst estimates by 65%.

Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Specialty Retail industry in Saudi Arabia.

The company's shares are up 4.1% from a week ago.

Risk Analysis

You should always think about risks.

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