Lazurde Company for Jewelry 2024 Annual Results
Lazurde Company for Jewelry (4011) reported full year 2024 revenue of SAR 2.11B, up 10.0% from SAR 1.92B in 2023. Net profit came in at SAR 12M, down 62.0% year on year. Earnings per share were SAR 0.20. The company generated SAR 62M 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 5.27 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 5.27.
Year on Year Comparison
Revenue increased by 10.0% compared to 2023. Net profit decreased by 62.0%. Revenue grew but profit declined — suggesting margin pressure.
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: 2025-03-09.