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Home / Atlas Elevators General Trading and Contracting Co. / 2024 Annual Results

Atlas Elevators General Trading and Contracting Co. 2024 Annual Results

Revenue
SAR 86M
Net Profit
SAR 11M
EPS
SAR 1.78
Operating Cash Flow
SAR 3M

Atlas Elevators General Trading and Contracting Co. (9578) reported full year 2024 revenue of SAR 86M, up 20.2% from SAR 71M in 2023. Net profit came in at SAR 11M, up 4.6% year on year. Earnings per share were SAR 1.78. The company generated SAR 3M 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 0.24 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of 0.24.

Key Financial Metrics

Metric20242023
RevenueSAR 86MSAR 71M
Net ProfitSAR 11MSAR 10M
Net Margin12.3%14.2%
ROE10.8%10.9%
EPSSAR 1.78SAR 1.98
Total AssetsSAR 118MSAR 116M
Total EquitySAR 98MSAR 92M
Total LiabilitiesSAR 20MSAR 23M
Operating Cash FlowSAR 3MSAR 8M

Year on Year Comparison

Revenue increased by 20.2% compared to 2023. Net profit increased by 4.6%. Both revenue and profit grew — indicating expanding business.

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: 2026-01-29.