Northern Region Cement Co. 2024 Annual Results
Northern Region Cement Co. (3004) reported full year 2024 revenue of SAR 623M, down 9.7% from SAR 690M in 2023. Net profit came in at SAR 101M, up 78.9% year on year. Earnings per share were SAR 0.56. The company generated SAR 118M 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 1.17 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.17.
Year on Year Comparison
Revenue decreased by 9.7% compared to 2023. Net profit increased by 78.9%. Revenue declined but profit grew — indicating improved efficiency or cost control.
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.