Home / Al Gassim Investment Holding Co. / 2024 Annual Results

Al Gassim Investment Holding Co. 2024 Annual Results

Revenue

SAR 10M

Net Profit

SAR 10M

EPS

SAR 0.34

Operating Cash Flow

SAR -5M

Al Gassim Investment Holding Co. (6020) reported full year 2024 revenue of SAR 10M, down 4.0% from SAR 10M in 2023. Net profit came in at SAR 10M, up 252.5% year on year. Earnings per share were SAR 0.34. The company generated SAR -5M 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 -0.48 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -0.48.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 10M	SAR 10M
Net Profit	SAR 10M	SAR -7M
Net Margin	101.9%	-64.1%
ROE	3.3%	-2.3%
EPS	SAR 0.34	SAR -0.20
Total Assets	SAR 408M	SAR 433M
Total Equity	SAR 307M	SAR 296M
Total Liabilities	SAR 102M	SAR 136M
Operating Cash Flow	SAR -5M	SAR 6M

Year on Year Comparison

Revenue decreased by 4.0% compared to 2023. Net profit increased by 252.5%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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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: 2025-04-06.