Aqaseem Factory for Chemicals and Plastics Co. 2024 Annual Results
Aqaseem Factory for Chemicals and Plastics Co. (9539) reported full year 2024 revenue of SAR 165M, up 9.2% from SAR 151M in 2023. Net profit came in at SAR 1M, down 87.0% year on year. Earnings per share were SAR 0.05. The company generated SAR 7M 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 5.25 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 5.25.
Year on Year Comparison
Revenue increased by 9.2% compared to 2023. Net profit decreased by 87.0%. 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: 2025-04-13.