Saudi Public Transport Co. 2024 Annual Results
Saudi Public Transport Co. (4040) reported full year 2024 revenue of SAR 1.49B, down 7.6% from SAR 1.62B in 2023. Net profit came in at SAR 15M, up 162.5% year on year. Earnings per share were SAR -0.08. The company generated SAR 386M 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 25.51 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 25.51.
Year on Year Comparison
Revenue decreased by 7.6% compared to 2023. Net profit increased by 162.5%. 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: 2025-03-18.