Saudi Telecom Co. 2024 Annual Results
Saudi Telecom Co. (7010) reported full year 2024 revenue of SAR 75.89B, up 4.9% from SAR 72.34B in 2023. Net profit came in at SAR 10.94B, down 18.5% year on year. Earnings per share were SAR 4.95. The company generated SAR 19.89B 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 1.82 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.82.
Year on Year Comparison
Revenue increased by 4.9% compared to 2023. Net profit decreased by 18.5%. 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: 2025-03-02.