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Meyar Co. 2024 Annual Results

Revenue

SAR 51M

Net Profit

SAR -4M

EPS

SAR -2.97

Operating Cash Flow

SAR 17M

Meyar Co. (9565) reported full year 2024 revenue of SAR 51M, up 49.7% from SAR 34M in 2023. Net profit came in at SAR -4M, down 364.2% year on year. Earnings per share were SAR -2.97. The company generated SAR 17M 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 51M	SAR 34M
Net Profit	SAR -4M	SAR 1M
Net Margin	-7.7%	4.4%
ROE	-12.4%	4.0%
EPS	SAR -2.97	SAR 1.18
Total Assets	SAR 66M	SAR 57M
Total Equity	SAR 32M	SAR 37M
Total Liabilities	SAR 34M	SAR 20M
Operating Cash Flow	SAR 17M	SAR -4M

Year on Year Comparison

Revenue increased by 49.7% compared to 2023. Net profit decreased by 364.2%. Revenue grew but profit declined — suggesting margin pressure.

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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: 2025-04-03.