Savola Group 2024 Annual Results
Savola Group (2050) reported full year 2024 revenue of SAR 23.99B, down 10.6% from SAR 26.82B in 2023. Net profit came in at SAR 11.30B, up 955.4% year on year. Earnings per share were SAR 10.61. The company generated SAR 1.14B 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 0.10 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of 0.10.
Year on Year Comparison
Revenue decreased by 10.6% compared to 2023. Net profit increased by 955.4%. 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: 2025-03-13.