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Home / Al Mawarid Manpower Co. / 2024 Annual Results

Al Mawarid Manpower Co. 2024 Annual Results

Revenue
SAR 2.03B
Net Profit
SAR 95M
EPS
SAR 6.36
Operating Cash Flow
SAR 79M

Al Mawarid Manpower Co. (1833) reported full year 2024 revenue of SAR 2.03B, up 60.8% from SAR 1.26B in 2023. Net profit came in at SAR 95M, up 7.5% year on year. Earnings per share were SAR 6.36. The company generated SAR 79M 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 0.83 arrived as operating cash flow — indicating High quality earnings with a cash conversion ratio of 0.83.

Key Financial Metrics

Metric20242023
RevenueSAR 2.03BSAR 1.26B
Net ProfitSAR 95MSAR 89M
Net Margin4.7%7.0%
ROE24.0%25.8%
EPSSAR 6.36SAR 5.92
Total AssetsSAR 860MSAR 642M
Total EquitySAR 398MSAR 344M
Total LiabilitiesSAR 462MSAR 298M
Operating Cash FlowSAR 79MSAR 86M

Year on Year Comparison

Revenue increased by 60.8% compared to 2023. Net profit increased by 7.5%. 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: 2025-04-13.