DELTA SUGAR
SUGR
Financial ResultsNegative News
Delta Sugar's Profit Plunge: A Bitter Harvest in 2024
Delta Sugar's 2024 profits fell 21%, with revenue also dropping significantly, indicating a challenging year for the company.
March 3, 2025 at 10:55:00 AMScore: 85
Delta Sugar witnessed a sharp 21% decline in net profits, settling at EGP 1.26 billion by year-end 2024, down from EGP 1.59 billion. Revenue also nosedived by 33%, reaching EGP 4.70 billion from EGP 7.02 billion. Earnings per share (EPS) diminished by 16%, falling to EGP 7.60. The first nine months of 2024 reflected this trend, with net profits at EGP 1.16 billion, a significant drop from EGP 2.02 billion in the same period of 2023.
Recommended Actions
- Review your current position in Delta Sugar.
- Consider the implications of the profit drop on future stock value.
- Research potential reasons for the revenue decline.
- Monitor upcoming financial reports for signs of recovery.
- Evaluate alternative investments in the sector.
Negative Aspects
- Decreased net profits
- Reduced revenue
- Lower earnings per share
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