Home / Molan Steel Co. / 2024 Annual Results

Molan Steel Co. 2024 Annual Results

Revenue

SAR 86M

Net Profit

SAR -7M

EPS

SAR -0.27

Operating Cash Flow

SAR 5M

Molan Steel Co. (9553) reported full year 2024 revenue of SAR 86M, down 3.7% from SAR 90M in 2023. Net profit came in at SAR -7M, down 47.8% year on year. Earnings per share were SAR -0.27. 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.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 86M	SAR 90M
Net Profit	SAR -7M	SAR -5M
Net Margin	-8.2%	-5.3%
ROE	-30.7%	-15.9%
EPS	SAR -0.27	SAR -0.18
Total Assets	SAR 84M	SAR 53M
Total Equity	SAR 23M	SAR 30M
Total Liabilities	SAR 61M	SAR 23M
Operating Cash Flow	SAR 5M	SAR -10M

Year on Year Comparison

Revenue decreased by 3.7% compared to 2023. Net profit decreased by 47.8%. Both revenue and profit declined year on year.

View full company profile →

View all years:

2024 2023 2022

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.