Qassim Cement Full Year 2023 Earnings: Misses Expectations
QACCO 3040.SA | 52.90 | -0.56% |
Qassim Cement (TADAWUL:3040) Full Year 2023 Results
Key Financial Results
- Revenue: ر.س583.6m (down 14% from FY 2022).
- Net income: ر.س142.0m (up 8.8% from FY 2022).
- Profit margin: 24% (up from 19% in FY 2022).
- EPS: ر.س1.58 (up from ر.س1.45 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Qassim Cement Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 7.6%.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Qassim Cement (2 are concerning!) that you should be aware of.
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