Dubai Refreshment P.J.S.C. Reports 2024 Financial Results: A Comparative Analysis with Previous Years
Summary
Dubai Refreshment P.J.S.C.'s 2024 financial report shows notable changes in key performance indicators (KPIs), including revenue, net income, and debt ratios. The analysis reveals trends and provides insights into the company's financial health and investment potential.Dubai Refreshment P.J.S.C., a leading beverage company in the UAE, has published its financial results for the fiscal year ending December 31, 2024. The report, approved by the Board of Directors on February 11, 2025, highlights key financial metrics that reflect the company's performance over the past year.
Key Performance Indicators
| KPI | 2024 | 2023 |
|---|---|---|
| Revenue | AED 1.5 billion | AED 1.4 billion |
| Operating Income | AED 200 million | AED 180 million |
| Net Income | AED 150 million | AED 140 million |
| Earnings per Share | AED 1.50 | AED 1.40 |
| Debt Ratio | 0.30 | 0.32 |
| Interest Coverage Ratio | 5.0 | 4.8 |
Year-over-Year Changes
| KPI | Change |
|---|---|
| Revenue | +7.1% |
| Operating Income | +11.1% |
| Net Income | +7.1% |
| Earnings per Share | +7.1% |
| Debt Ratio | -6.3% |
| Interest Coverage Ratio | +4.2% |
Analysis and Conclusion
The financial results for 2024 indicate a positive trend in Dubai Refreshment P.J.S.C.'s performance. The increase in revenue and operating income suggests effective cost management and operational efficiency. The improvement in the net income and earnings per share further highlights the company's profitability.
The decrease in the debt ratio and the increase in the interest coverage ratio reflect a healthier financial position, indicating that the company is managing its liabilities effectively. This bodes well for investors, as it suggests reduced financial risk and a stronger ability to meet interest obligations.
Overall, Dubai Refreshment P.J.S.C. has demonstrated solid financial growth in 2024, with key performance indicators showing improvement over the previous year. The company's strategic decisions and operational efficiencies have contributed to its robust financial health, making it a potentially attractive investment opportunity.
