The National Company for Glass Industries 2024 Annual Results
The National Company for Glass Industries (2150) reported full year 2024 revenue of SAR 139M, down 9.7% from SAR 154M in 2023. Net profit came in at SAR 97M, up 102.2% year on year. Earnings per share were SAR 2.94. The company generated SAR 44M 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 0.45 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of 0.45.
Year on Year Comparison
Revenue decreased by 9.7% compared to 2023. Net profit increased by 102.2%. 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: 2025-03-23.