YAMAMA Cement (TADAWUL:3020) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س285.2m (up 35% from 3Q 2023).
• Net income: ر.س97.9m (up 140% from 3Q 2023).
• Profit margin: 34% (up from 19% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: ر.س0.48 (up from ر.س0.20 in 3Q 2023).

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

YAMAMA Cement Earnings Insights

Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Basic Materials industry in Saudi Arabia.

The company's shares are up 1.3% from a week ago.

Risk Analysis

You still need to take note of risks, for example - YAMAMA Cement has 1 warning sign we think you should be aware of.

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