- Salik’s full-year profit reached 1.16 billion dirhams, surpassing estimates and marking a 6.1% increase year-over-year.
- Revenue for the year was 2.29 billion dirhams, up 8.7% from the previous year and slightly exceeding estimates.
- Earnings per share (EPS) rose to 0.155 dirhams compared to 0.146 dirhams the previous year.
- Total trips recorded were 638.2 million, which is a 7.6% increase from the prior year.
- The company reported strong growth across several established gates in the fourth quarter.
- Analyst recommendations include 6 buys, 4 holds, and 2 sells.
A look at Salik Company Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 2.8 |
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
Salik Company, a provider of infrastructure construction services, is garnering attention from investors with its promising long-term outlook according to Smartkarma Smart Scores. With varying scores across different factors, the company seems to have potential for growth and momentum. Salik Company has scored a solid 5 in Momentum, indicating a strong upward trend. Additionally, the company has received a score of 3 for Growth, suggesting positive prospects for expansion in the future. Despite moderate scores in Value, Dividend, and Resilience, the higher ratings in Growth and Momentum point towards a favorable trajectory for Salik Company.
Investors eyeing Salik Company can take note of its strengths in growth and momentum as per the Smartkarma Smart Scores evaluation. With a 5 in Momentum and a 3 in Growth, Salik Company seems poised for significant development and upward movement in the long run. Although the company has received average scores in Value, Dividend, and Resilience, the strong performance in Growth and Momentum could indicate a positive outlook for investors seeking opportunities in the infrastructure construction sector. Salik Company‘s specialization in traffic toll systems management adds a unique dimension to its business profile, potentially positioning it well for future growth and success.
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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