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National Gas and Industrialization Co. 2024 Annual Results

Revenue

SAR 2.87B

Net Profit

SAR 249M

EPS

SAR 3.32

Operating Cash Flow

SAR 194M

National Gas and Industrialization Co. (2080) reported full year 2024 revenue of SAR 2.87B, up 16.7% from SAR 2.46B in 2023. Net profit came in at SAR 249M, up 9.4% year on year. Earnings per share were SAR 3.32. The company generated SAR 194M 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 0.78 arrived as operating cash flow — indicating Moderate quality earnings with a cash conversion ratio of 0.78.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 2.87B	SAR 2.46B
Net Profit	SAR 249M	SAR 227M
Net Margin	8.7%	9.3%
ROE	13.1%	12.3%
EPS	SAR 3.32	SAR 3.03
Total Assets	SAR 2.70B	SAR 2.53B
Total Equity	SAR 1.91B	SAR 1.85B
Total Liabilities	SAR 791M	SAR 682M
Operating Cash Flow	SAR 194M	SAR 185M

Year on Year Comparison

Revenue increased by 16.7% compared to 2023. Net profit increased by 9.4%. Both revenue and profit grew — indicating expanding business.

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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.