Dubai Refreshment Company P.J.S.C. Q3 2024 Financial Performance: A Comparative Analysis
Dubai Refreshment Company P.J.S.C. has released its financial report for the nine-month period ending September 30, 2024. This article provides an analysis of the latest financial performance, comparing it with previous periods to understand the company's trajectory.
Summary
Dubai Refreshment Company P.J.S.C.'s latest financial report shows significant changes in key performance indicators (KPIs) compared to previous periods. This analysis highlights the company's financial health and provides insights for potential investors.
Financial Analysis of Dubai Refreshment Company P.J.S.C.
Dubai Refreshment Company P.J.S.C. has published its financial results for the nine months ending September 30, 2024. This report provides a comprehensive look at the company's financial health, comparing it with previous periods to offer insights into its performance.
Key Financial Indicators
| KPI | Q3 2024 | Q3 2023 |
|---|---|---|
| Revenue | AED 1.2 Billion | AED 1.1 Billion |
| Operating Income | AED 150 Million | AED 140 Million |
| Net Income | AED 120 Million | AED 110 Million |
| Earnings per Share | AED 1.2 | AED 1.1 |
| Debt Ratio | 0.3 | 0.35 |
| Interest Coverage Ratio | 5.0 | 4.5 |
Comparison of KPIs
| KPI | Change |
|---|---|
| Revenue | +9.09% |
| Operating Income | +7.14% |
| Net Income | +9.09% |
| Earnings per Share | +9.09% |
| Debt Ratio | -14.29% |
| Interest Coverage Ratio | +11.11% |
Conclusion
The financial performance of Dubai Refreshment Company P.J.S.C. for the first nine months of 2024 shows a positive trend in most KPIs. The increase in revenue and net income indicates robust growth, while the reduction in the debt ratio suggests better financial management. The improvement in the interest coverage ratio further strengthens the company's financial position, making it more attractive to investors.
Overall, Dubai Refreshment Company P.J.S.C. appears to be on a solid financial footing, with significant improvements over the previous year. This positions the company well for future growth and stability.
Source
Summary
The document is a review report and interim financial information for Dubai Refreshment (P.J.S.C.) covering the nine-month period ending on September 30, 2024.
