Home / Saudi Pharmaceutical Industries and Medical Appliances Corp. / 2024 Annual Results

Saudi Pharmaceutical Industries and Medical Appliances Corp. 2024 Annual Results

Revenue

SAR 1.68B

Net Profit

SAR 32M

EPS

SAR 0.21

Operating Cash Flow

SAR -331M

Saudi Pharmaceutical Industries and Medical Appliances Corp. (2070) reported full year 2024 revenue of SAR 1.68B, up 1.8% from SAR 1.65B in 2023. Net profit came in at SAR 32M, up 450.8% year on year. Earnings per share were SAR 0.21. The company generated SAR -331M 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 -10.39 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -10.39.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 1.68B	SAR 1.65B
Net Profit	SAR 32M	SAR -9M
Net Margin	1.9%	-0.6%
ROE	2.3%	-0.6%
EPS	SAR 0.21	SAR -0.11
Total Assets	SAR 4.32B	SAR 4.02B
Total Equity	SAR 1.38B	SAR 1.51B
Total Liabilities	SAR 2.79B	SAR 2.36B
Operating Cash Flow	SAR -331M	SAR 48M

Year on Year Comparison

Revenue increased by 1.8% compared to 2023. Net profit increased by 450.8%. Both revenue and profit grew — indicating expanding business.

View full company profile →

View all years:

2024 2023 2022 2021 2020 2019

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.