Osool and Bakheet Investment Co. 2024 Annual Results
Osool and Bakheet Investment Co. (9586) reported full year 2024 revenue of SAR 43M, down 28.8% from SAR 60M in 2023. Net profit came in at SAR 20M, down 22.1% year on year. Earnings per share were SAR 2.65. The company generated SAR -7M 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 -0.37 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -0.37.
Year on Year Comparison
Revenue decreased by 28.8% compared to 2023. Net profit decreased by 22.1%. Both revenue and profit declined year on year.
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.