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Horizon Food Co. 2024 Annual Results

Revenue

SAR 68M

Net Profit

SAR 10M

EPS

SAR 1.27

Operating Cash Flow

SAR 1M

Horizon Food Co. (9564) reported full year 2024 revenue of SAR 68M, up 23.3% from SAR 55M in 2023. Net profit came in at SAR 10M, up 9.9% year on year. Earnings per share were SAR 1.27. The company generated SAR 1M 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 0.12 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of 0.12.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 68M	SAR 55M
Net Profit	SAR 10M	SAR 9M
Net Margin	15.0%	16.8%
ROE	9.1%	9.0%
EPS	SAR 1.27	SAR 1.16
Total Assets	SAR 124M	SAR 110M
Total Equity	SAR 112M	SAR 102M
Total Liabilities	SAR 12M	SAR 8M
Operating Cash Flow	SAR 1M	SAR 16M

Year on Year Comparison

Revenue increased by 23.3% compared to 2023. Net profit increased by 9.9%. Both revenue and profit grew — indicating expanding business.

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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: 2025-05-05.