Al Majed Oud Co. 2024 Annual Results
Al Majed Oud Co. (4165) reported full year 2024 revenue of SAR 926M, up 20.7% from SAR 767M in 2023. Net profit came in at SAR 157M, up 5.6% year on year. Earnings per share were SAR 6.28. The company generated SAR 221M 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 1.41 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.41.
Year on Year Comparison
Revenue increased by 20.7% compared to 2023. Net profit increased by 5.6%. 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: 2025-03-13.