Saudi Basic Industries Corp. 2024 Annual Results
Saudi Basic Industries Corp. (2010) reported full year 2024 revenue of SAR 139.98B, down 1.1% from SAR 141.54B in 2023. Net profit came in at SAR 4.28B, up 15.9% year on year. Earnings per share were SAR 0.51. The company generated SAR 16.36B 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 3.82 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 3.82.
Year on Year Comparison
Revenue decreased by 1.1% compared to 2023. Net profit increased by 15.9%. Revenue declined but profit grew — indicating improved efficiency or cost control.
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: 2025-03-06.