Quara Finance net profit dips 10% to SAR 25.3M in H1 2024

21/10/2024 Argaam Exclusive

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Quara Finance Co. posted a 10% decline in H1 2024 net earnings to SAR 25.3 million, from SAR 27.9 million in the year-earlier period.

The first-half net profit was hurt by an increase in impairment and write-off charges. On the other hand, revenue saw growth, primarily due to better financing portfolio returns.



Current Half Annual Comparison (M)

Compared With The
Item H1 2023 H1 2024 Change‬
Net income from finance commissions 93.07 94.67 1.7 %
Net Income 27.90 25.25 (9.5 %)
Average Shares 30.00 30.00 -
Earnings Per Share before unusual items (Riyals) 0.93 0.84 (9.5 %)
EPS (Riyals) 0.93 0.84 (9.5 %)

Total shareholders’ equity, no minority interest, rose to SAR 441.25 million as of June 30, 2024, from SAR 366.63 million a year earlier.

 

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Share Price

Quara Finance Co.
18.48
0.00 0.00 %

Quara Finance Co. (QUARA)

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Financial Ratios
Current
Market Cap (M) 554.40
Shares Outstanding ((M)) 30.00
Book Value (BV) ( Riyal) 15.31
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 12.82
Price/book 1.21
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Comments 5

1
عضو مميز
46
5989

Fadel2019

منذ 4 سنه

زعيم الريتات مشاركه ريت  نتائج ممتازه

2
18
1934

TASI Investor

منذ 4 سنه

نتائج ممتازة بالرغم من ظروف الجائحة

3
مميز جداً
145
1426

مستثمر متفائل

منذ 4 سنه

ممتاز إلى الآن لا يوجد تأثر من أزمة جائحة كورونا و بالتالي إن شاء الله يستمر مبلغ التوزيعات كما هو.

4
5
1651

المونس

منذ 4 سنه

ربح ٢٦ هللة ويوزع ٣٥ هللة 

من وين الزيادة ؟

وشكراً لكم

5
0
190

HFFRSA4UO

منذ 4 سنه

‏ما هي توقعاتكم لاسهم  بكرة

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