- Industries Qatar reported a net income of 2.33 billion riyals for the first half of 2024.
- This represents a 12% increase compared to the 2.09 billion riyals achieved in the same period last year.
- Earnings per share (EPS) increased to 0.39 riyals from 0.35 riyals year-over-year.
- Revenue decreased by 6.7%, amounting to 8.3 billion riyals.
- EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose by 9.7% to 3.4 billion riyals.
- The EBITDA margin improved to 41% from 35% in the same period last year.
- Analysts’ recommendations include 11 buys, 2 holds, and 0 sells for the stock.
A look at Industries Qatar QSC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Industries Qatar Q.S.C. operates industrial complexes in the domain of petrochemical, fertilizers, additives, and steel industries. According to Smartkarma Smart Scores, Industries Qatar QSC shows a positive long-term outlook. With strong scores in Dividend, Growth, Resilience, and Momentum, the company is positioned well across various key factors. Its high scores in Growth and Momentum indicate potential for future expansion and positive performance in the market.
Investors may find Industries Qatar QSC appealing for its solid Dividend and Resilience scores, suggesting that the company offers consistent returns and is well-equipped to withstand market uncertainties. Overall, Industries Qatar QSC‘s performance across the different Smartkarma Smart Scores highlights its potential as a promising investment opportunity for those looking for a company with a strong foundation and growth prospects in the industrial sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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