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Home / Al Yamamah Steel Industries Co. / 2024 Annual Results

Al Yamamah Steel Industries Co. 2024 Annual Results

Revenue
SAR 1.96B
Net Profit
SAR 70M
EPS
SAR 1.39
Operating Cash Flow
SAR 188M

Al Yamamah Steel Industries Co. (1304) reported full year 2024 revenue of SAR 1.96B, up 25.5% from SAR 1.56B in 2023. Net profit came in at SAR 70M, up 142.5% year on year. Earnings per share were SAR 1.39. The company generated SAR 188M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Earnings Quality

Of every SAR 1.00 in reported net profit, SAR 2.67 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 2.67.

Key Financial Metrics

Metric20242023
RevenueSAR 1.96BSAR 1.56B
Net ProfitSAR 70MSAR -165M
Net Margin3.6%-10.6%
ROE11.9%-31.9%
EPSSAR 1.39SAR -2.56
Total AssetsSAR 1.78BSAR 1.79B
Total EquitySAR 589MSAR 518M
Total LiabilitiesSAR 1.09BSAR 1.17B
Operating Cash FlowSAR 188MSAR 139M

Year on Year Comparison

Revenue increased by 25.5% compared to 2023. Net profit increased by 142.5%. Both revenue and profit grew — indicating expanding business.

Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2026-02-02.