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Emaar The Economic City 2024 Annual Results

Revenue

SAR 426M

Net Profit

SAR -1.13B

EPS

SAR -2.17

Operating Cash Flow

SAR -239M

Emaar The Economic City (4220) reported full year 2024 revenue of SAR 426M, down 58.7% from SAR 1.03B in 2023. Net profit came in at SAR -1.13B, down 348.1% year on year. Earnings per share were SAR -2.17. The company generated SAR -239M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 426M	SAR 1.03B
Net Profit	SAR -1.13B	SAR -253M
Net Margin	-266.4%	-24.6%
ROE	-21.5%	-4.0%
EPS	SAR -2.17	SAR -0.22
Total Assets	SAR 15.09B	SAR 15.15B
Total Equity	SAR 5.27B	SAR 6.41B
Total Liabilities	SAR 9.82B	SAR 8.74B
Operating Cash Flow	SAR -239M	SAR -345M

Year on Year Comparison

Revenue decreased by 58.7% compared to 2023. Net profit decreased by 348.1%. Both revenue and profit declined year on year.

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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: 2025-03-31.