SOS Reports Strong Growth In Profit

 

• SOS grew profits 24.5% for the nine-month period ended September 2019. Net profit for the period was $114.00Mn (EPS: $0.46) up from $91.58Mn (EPS: $0.37).
• Favorable movement in revenues which increased by $131.77Mn (or 16.4%) was the main driver behind the improved performance.
• The stock has increased by 49.7% YTD and closed yesterday’s trading session at $12.50 per share. At this price, the stock trades at a P/E of 27.17x which is above the Junior Market Distribution Sector average of 24.90x. 

 

(Source: SOS Financials)