Saudi Arabian Amiantit Co. 2024 Annual Results
Saudi Arabian Amiantit Co. (2160) reported full year 2024 revenue of SAR 848M, up 18.0% from SAR 719M in 2023. Net profit came in at SAR 444M, up 360.7% year on year. Earnings per share were SAR 9.92. The company generated SAR -21M 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 -0.05 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -0.05.
Year on Year Comparison
Revenue increased by 18.0% compared to 2023. Net profit increased by 360.7%. Both revenue and profit grew — indicating expanding business.
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: 2025-02-04.