Saudi Manpower Solutions Co. 2024 Annual Results
Saudi Manpower Solutions Co. (1834) reported full year 2024 revenue of SAR 1.89B, up 3.6% from SAR 1.83B in 2023. Net profit came in at SAR 126M, down 24.0% year on year. Earnings per share were SAR 0.32. The company generated SAR 120M 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 0.95 arrived as operating cash flow — indicating High quality earnings with a cash conversion ratio of 0.95.
Year on Year Comparison
Revenue increased by 3.6% compared to 2023. Net profit decreased by 24.0%. Revenue grew but profit declined — suggesting margin pressure.
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: 2025-03-27.