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Home / City Cement Co. / 2024 Annual Results

City Cement Co. 2024 Annual Results

Revenue
SAR 521M
Net Profit
SAR 144M
EPS
SAR 1.03
Operating Cash Flow
SAR 262M

City Cement Co. (3003) reported full year 2024 revenue of SAR 521M, up 46.1% from SAR 356M in 2023. Net profit came in at SAR 144M, up 75.8% year on year. Earnings per share were SAR 1.03. The company generated SAR 262M 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

Metric20242023
RevenueSAR 521MSAR 356M
Net ProfitSAR 144MSAR 82M
Net Margin27.7%23.0%
ROE8.0%4.6%
EPSSAR 1.03SAR 0.59
Total AssetsSAR 1.89BSAR 1.86B
Total EquitySAR 1.80BSAR 1.78B
Total LiabilitiesSAR 100MSAR 88M
Operating Cash FlowSAR 262MSAR 105M

Year on Year Comparison

Revenue increased by 46.1% compared to 2023. Net profit increased by 75.8%. 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: 2025-03-13.