Maharah for Human Resources Second Quarter 2024 Earnings: EPS: ر.س0.11 (vs ر.س0.078 in 2Q 2023)
MAHARAH 1831.SA | 5.83 | -0.85% |
Maharah for Human Resources (TADAWUL:1831) Second Quarter 2024 Results
Key Financial Results
- Revenue: ر.س537.1m (up 16% from 2Q 2023).
- Net income: ر.س51.1m (up 46% from 2Q 2023).
- Profit margin: 9.5% (up from 7.6% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: ر.س0.11 (up from ر.س0.078 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Maharah for Human Resources Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Professional Services industry in Asia.
The company's shares are up 2.6% from a week ago.
Risk Analysis
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