Saudi Energy Co. 2024 Annual Results
Saudi Energy Co. (5110) reported full year 2024 revenue of SAR 88.67B, up 17.7% from SAR 75.33B in 2023. Net profit came in at SAR 6.87B, down 33.0% year on year. Earnings per share were SAR -0.46. The company generated SAR 38.32B 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 5.58 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 5.58.
Year on Year Comparison
Revenue increased by 17.7% compared to 2023. Net profit decreased by 33.0%. 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: 2025-03-10.