AlSaif Stores for Development and Investment Co. 2024 Annual Results
AlSaif Stores for Development and Investment Co. (4192) reported full year 2024 revenue of SAR 732M, up 1.6% from SAR 720M in 2023. Net profit came in at SAR 38M, down 61.8% year on year. Earnings per share were SAR 0.11. The company generated SAR 202M 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 5.37 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 5.37.
Year on Year Comparison
Revenue increased by 1.6% compared to 2023. Net profit decreased by 61.8%. Revenue grew but profit declined — suggesting margin pressure.
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: 2026-03-02.