Home / Al Rashid Industrial Co. / 2024 Annual Results

Al Rashid Industrial Co. 2024 Annual Results

Revenue

SAR 153M

Net Profit

SAR 35M

EPS

SAR 4.36

Operating Cash Flow

SAR 47M

Al Rashid Industrial Co. (9580) reported full year 2024 revenue of SAR 153M, up 13.1% from SAR 135M in 2023. Net profit came in at SAR 35M, up 63.6% year on year. Earnings per share were SAR 4.36. The company generated SAR 47M 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 1.34 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.34.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 153M	SAR 135M
Net Profit	SAR 35M	SAR 21M
Net Margin	22.8%	15.8%
ROE	23.3%	17.6%
EPS	SAR 4.36	SAR 2.67
Total Assets	SAR 174M	SAR 144M
Total Equity	SAR 150M	SAR 121M
Total Liabilities	SAR 25M	SAR 23M
Operating Cash Flow	SAR 47M	SAR 34M

Year on Year Comparison

Revenue increased by 13.1% compared to 2023. Net profit increased by 63.6%. Both revenue and profit grew — indicating expanding business.

View full company profile →

View all years:

2025 2024 2023

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: 2025-03-31.