Taiba Investment (TADAWUL:4090) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س268.5m (up 123% from 3Q 2023).
• Net income: ر.س59.1m (up 9.6% from 3Q 2023).
• Profit margin: 22% (down from 45% in 3Q 2023).
• EPS: ر.س0.23.

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

Taiba Investment Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Real Estate industry in Saudi Arabia.

The company's shares are down 2.3% from a week ago.

Risk Analysis

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