Home / Advanced Building Industries Co. / 2024 Annual Results

Advanced Building Industries Co. 2024 Annual Results

Revenue

SAR 6.09B

Net Profit

SAR 35M

EPS

SAR 0.45

Operating Cash Flow

SAR 278M

Advanced Building Industries Co. (2240) reported full year 2024 revenue of SAR 6.09B, up 30.0% from SAR 4.68B in 2023. Net profit came in at SAR 35M, up 112.7% year on year. Earnings per share were SAR 0.45. The company generated SAR 278M 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 7.90 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 7.90.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 6.09B	SAR 4.68B
Net Profit	SAR 35M	SAR -278M
Net Margin	0.6%	-5.9%
ROE	7.4%	-61.6%
EPS	SAR 0.45	SAR -4.96
Total Assets	SAR 6.03B	SAR 6.07B
Total Equity	SAR 479M	SAR 452M
Total Liabilities	SAR 5.36B	SAR 5.42B
Operating Cash Flow	SAR 278M	SAR 856M

Year on Year Comparison

Revenue increased by 30.0% compared to 2023. Net profit increased by 112.7%. 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: 2025-03-26.