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National Shipping Company of Saudi Arabia 2024 Annual Results

Revenue

SAR 9.48B

Net Profit

SAR 2.17B

EPS

SAR 2.94

Operating Cash Flow

SAR 3.41B

National Shipping Company of Saudi Arabia (4030) reported full year 2024 revenue of SAR 9.48B, up 8.0% from SAR 8.78B in 2023. Net profit came in at SAR 2.17B, up 34.5% year on year. Earnings per share were SAR 2.94. The company generated SAR 3.41B 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 1.57 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.57.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 9.48B	SAR 8.78B
Net Profit	SAR 2.17B	SAR 1.61B
Net Margin	22.9%	18.4%
ROE	15.9%	13.6%
EPS	SAR 2.94	SAR 2.19
Total Assets	SAR 26.61B	SAR 23.11B
Total Equity	SAR 13.63B	SAR 11.84B
Total Liabilities	SAR 12.02B	SAR 10.46B
Operating Cash Flow	SAR 3.41B	SAR 3.64B

Year on Year Comparison

Revenue increased by 8.0% compared to 2023. Net profit increased by 34.5%. Both revenue and profit grew — indicating expanding business.

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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: 2025-03-19.