Makkah Construction and Development Co. 2024 Annual Results
Makkah Construction and Development Co. (4100) reported full year 2024 revenue of SAR 836M, up 14.4% from SAR 731M in 2023. Net profit came in at SAR 411M, up 23.0% year on year. Earnings per share were SAR 2.49. The company generated SAR 333M 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 0.81 arrived as operating cash flow — indicating High quality earnings with a cash conversion ratio of 0.81.
Year on Year Comparison
Revenue increased by 14.4% compared to 2023. Net profit increased by 23.0%. Both revenue and profit grew — indicating expanding business.
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: 2025-03-16.