Home / Riyal Investment and Development Co. / 2024 Annual Results

Riyal Investment and Development Co. 2024 Annual Results

Revenue

SAR 140M

Net Profit

SAR 16M

EPS

SAR 2.05

Operating Cash Flow

SAR 75M

Riyal Investment and Development Co. (9584) reported full year 2024 revenue of SAR 140M, up 14.8% from SAR 122M in 2023. Net profit came in at SAR 16M, down 10.2% year on year. Earnings per share were SAR 2.05. The company generated SAR 75M 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 4.58 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 4.58.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 140M	SAR 122M
Net Profit	SAR 16M	SAR 18M
Net Margin	11.8%	15.0%
ROE	9.8%	12.1%
EPS	SAR 2.05	SAR 2.28
Total Assets	SAR 343M	SAR 357M
Total Equity	SAR 168M	SAR 152M
Total Liabilities	SAR 175M	SAR 206M
Operating Cash Flow	SAR 75M	SAR 69M

Year on Year Comparison

Revenue increased by 14.8% compared to 2023. Net profit decreased by 10.2%. Revenue grew but profit declined — suggesting margin pressure.

View full company profile →

View all years:

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: 2025-03-26.