Filing and Packing Materials Manufacturing Co. 2024 Annual Results
Filing and Packing Materials Manufacturing Co. (2180) reported full year 2024 revenue of SAR 246M, up 3.2% from SAR 238M in 2023. Net profit came in at SAR 931K, down 92.2% year on year. Earnings per share were SAR 0.08. The company generated SAR 8M 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 8.15 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 8.15.
Year on Year Comparison
Revenue increased by 3.2% compared to 2023. Net profit decreased by 92.2%. Revenue grew but profit declined — suggesting margin pressure.
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.