Development Works Food Co. 2024 Annual Results
Development Works Food Co. (6013) reported full year 2024 revenue of SAR 97M, up 3.5% from SAR 94M in 2023. Net profit came in at SAR 1M, up 130.0% year on year. Earnings per share were SAR 0.43. The company generated SAR 19M 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 14.30 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 14.30.
Year on Year Comparison
Revenue increased by 3.5% compared to 2023. Net profit increased by 130.0%. 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: 2025-05-06.