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Home / Development Works Food Co. / 2024 Annual Results

Development Works Food Co. 2024 Annual Results

Revenue
SAR 97M
Net Profit
SAR 1M
EPS
SAR 0.43
Operating Cash Flow
SAR 19M

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.

Key Financial Metrics

Metric20242023
RevenueSAR 97MSAR 94M
Net ProfitSAR 1MSAR -4M
Net Margin1.3%-4.6%
ROE5.8%-17.4%
EPSSAR 0.43SAR -1.45
Total AssetsSAR 70MSAR 81M
Total EquitySAR 22MSAR 25M
Total LiabilitiesSAR 48MSAR 56M
Operating Cash FlowSAR 19MSAR 24M

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.