Mobile Telecommunication Company Saudi Arabia 2024 Annual Results
Mobile Telecommunication Company Saudi Arabia (7030) reported full year 2024 revenue of SAR 10.37B, up 4.9% from SAR 9.88B in 2023. Net profit came in at SAR 596M, down 52.9% year on year. Earnings per share were SAR 0.66. The company generated SAR 2.16B 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 3.62 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 3.62.
Year on Year Comparison
Revenue increased by 4.9% compared to 2023. Net profit decreased by 52.9%. 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: 2025-02-20.