Retal Urban Development Co. 2024 Annual Results
Retal Urban Development Co. (4322) reported full year 2024 revenue of SAR 2.06B, up 50.9% from SAR 1.37B in 2023. Net profit came in at SAR 283M, up 36.1% year on year. Earnings per share were SAR 0.53. The company generated SAR 4M 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 0.01 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of 0.01.
Year on Year Comparison
Revenue increased by 50.9% compared to 2023. Net profit increased by 36.1%. 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: 2025-03-05.