Home / Nofoth Food Products Co. / 2024 Annual Results

Nofoth Food Products Co. 2024 Annual Results

Revenue

SAR 365M

Net Profit

SAR 52M

EPS

SAR 1.08

Operating Cash Flow

SAR 94M

Nofoth Food Products Co. (2288) reported full year 2024 revenue of SAR 365M, up 18.4% from SAR 308M in 2023. Net profit came in at SAR 52M, up 21.0% year on year. Earnings per share were SAR 1.08. The company generated SAR 94M 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 1.82 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.82.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 365M	SAR 308M
Net Profit	SAR 52M	SAR 43M
Net Margin	14.1%	13.8%
ROE	36.5%	40.1%
EPS	SAR 1.08	SAR 1.78
Total Assets	SAR 236M	SAR 163M
Total Equity	SAR 141M	SAR 106M
Total Liabilities	SAR 94M	SAR 56M
Operating Cash Flow	SAR 94M	SAR 68M

Year on Year Comparison

Revenue increased by 18.4% compared to 2023. Net profit increased by 21.0%. Both revenue and profit grew — indicating expanding business.

View full company profile →

View all years:

2025 2024 2023 2022

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: 2025-03-16.