Sumou Real Estate Co. 2024 Annual Results
Sumou Real Estate Co. (4323) reported full year 2024 revenue of SAR 430M, up 56.9% from SAR 274M in 2023. Net profit came in at SAR 107M, up 3.5% year on year. Earnings per share were SAR 2.13. The company generated SAR 70M 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 0.66 arrived as operating cash flow — indicating Moderate quality earnings with a cash conversion ratio of 0.66.
Year on Year Comparison
Revenue increased by 56.9% compared to 2023. Net profit increased by 3.5%. 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.