Saudi Networkers Services Co. 2024 Annual Results
Saudi Networkers Services Co. (9543) reported full year 2024 revenue of SAR 571M, up 3.0% from SAR 555M in 2023. Net profit came in at SAR 36M, down 3.7% year on year. Earnings per share were SAR 5.20. The company generated SAR 55M 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 1.55 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.55.
Year on Year Comparison
Revenue increased by 3.0% compared to 2023. Net profit decreased by 3.7%. 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: 2025-04-06.