Home / Thob Al Aseel Co. / 2024 Annual Results

Thob Al Aseel Co. 2024 Annual Results

Revenue

SAR 522M

Net Profit

SAR 84M

EPS

SAR 0.21

Operating Cash Flow

SAR 143M

Thob Al Aseel Co. (4012) reported full year 2024 revenue of SAR 522M, down 1.8% from SAR 532M in 2023. Net profit came in at SAR 84M, up 9.1% year on year. Earnings per share were SAR 0.21. The company generated SAR 143M 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 1.70 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.70.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 522M	SAR 532M
Net Profit	SAR 84M	SAR 77M
Net Margin	16.1%	14.4%
ROE	14.2%	13.2%
EPS	SAR 0.21	SAR 0.19
Total Assets	SAR 739M	SAR 698M
Total Equity	SAR 593M	SAR 585M
Total Liabilities	SAR 146M	SAR 113M
Operating Cash Flow	SAR 143M	SAR 123M

Year on Year Comparison

Revenue decreased by 1.8% compared to 2023. Net profit increased by 9.1%. Revenue declined but profit grew — indicating improved efficiency or cost control.

View full company profile →

View all years:

2025 2024 2023 2022 2021 2020 2019

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: 2025-05-08.