Dukhan Bank Q.P.S.C Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Simply Wall St · 10/16 12:17

Dukhan Bank Q.P.S.C (DSM:DUBK) Third Quarter 2024 Results

Key Financial Results

  • Revenue: ر.ق1.61b (up 7.1% from 3Q 2023).
  • Net income: ر.ق357.3m (up 8.7% from 3Q 2023).
  • Profit margin: 22% (in line with 3Q 2023).
  • EPS: ر.ق0.065 (up from ر.ق0.063 in 3Q 2023).
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DSM:DUBK Earnings and Revenue Growth October 16th 2024

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

Dukhan Bank Q.P.S.C Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 129%. Earnings per share (EPS) missed analyst estimates by 8.5%.

Looking ahead, revenue is expected to decline by 31% p.a. on average during the next 3 years, while revenues in the Banks industry in Qatar are expected to grow by 1.6%.

Performance of the Qatari Banks industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Dukhan Bank Q.P.S.C that you need to take into consideration.