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ARTEX Industrial Investment Co. 2024 Annual Results

Revenue

SAR 562M

Net Profit

SAR -144M

EPS

SAR -1.78

Operating Cash Flow

SAR -19M

ARTEX Industrial Investment Co. (2340) reported full year 2024 revenue of SAR 562M, up 7.6% from SAR 523M in 2023. Net profit came in at SAR -144M, down 93.2% year on year. Earnings per share were SAR -1.78. The company generated SAR -19M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 562M	SAR 523M
Net Profit	SAR -144M	SAR -75M
Net Margin	-25.7%	-14.3%
ROE	-13.9%	-6.2%
EPS	SAR -1.78	SAR -0.92
Total Assets	SAR 1.48B	SAR 1.56B
Total Equity	SAR 1.04B	SAR 1.20B
Total Liabilities	SAR 439M	SAR 362M
Operating Cash Flow	SAR -19M	SAR 9M

Year on Year Comparison

Revenue increased by 7.6% compared to 2023. Net profit decreased by 93.2%. Revenue grew but profit declined — suggesting margin pressure.

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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: 2025-04-07.