Home / Saudi Real Estate Co. / 2024 Annual Results

Saudi Real Estate Co. 2024 Annual Results

Revenue

SAR 1.99B

Net Profit

SAR 306M

EPS

SAR 0.57

Operating Cash Flow

SAR 736M

Saudi Real Estate Co. (4020) reported full year 2024 revenue of SAR 1.99B, up 9.6% from SAR 1.81B in 2023. Net profit came in at SAR 306M, up 138.0% year on year. Earnings per share were SAR 0.57. The company generated SAR 736M 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 2.40 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 2.40.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 1.99B	SAR 1.81B
Net Profit	SAR 306M	SAR 129M
Net Margin	15.4%	7.1%
ROE	6.2%	2.7%
EPS	SAR 0.57	SAR 0.18
Total Assets	SAR 9.43B	SAR 8.91B
Total Equity	SAR 4.98B	SAR 4.75B
Total Liabilities	SAR 4.25B	SAR 4.03B
Operating Cash Flow	SAR 736M	SAR -88M

Year on Year Comparison

Revenue increased by 9.6% compared to 2023. Net profit increased by 138.0%. Both revenue and profit grew — indicating expanding business.

View full company profile →

View all years:

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: 2025-04-14.