Nayifat Finance Co. 2024 Annual Results
Nayifat Finance Co. (4081) reported full year 2024 revenue of SAR 365M, down 7.9% from SAR 397M in 2023. Net profit came in at SAR 131M, up 47.9% year on year. Earnings per share were SAR 1.09. The company generated SAR 176M 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 1.34 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.34.
Year on Year Comparison
Revenue decreased by 7.9% compared to 2023. Net profit increased by 47.9%. 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: 2025-03-02.