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View United Real Estate Development Co. 2024 Annual Results

Revenue

SAR 92M

Net Profit

SAR 21M

EPS

SAR 0.64

Operating Cash Flow

SAR -62M

View United Real Estate Development Co. (9591) reported full year 2024 revenue of SAR 92M, up 2.0% from SAR 91M in 2023. Net profit came in at SAR 21M, up 16.4% year on year. Earnings per share were SAR 0.64. The company generated SAR -62M 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 -2.93 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -2.93.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 92M	SAR 91M
Net Profit	SAR 21M	SAR 18M
Net Margin	22.9%	20.1%
ROE	27.4%	27.6%
EPS	SAR 0.64	SAR 5.72
Total Assets	SAR 141M	SAR 82M
Total Equity	SAR 77M	SAR 66M
Total Liabilities	SAR 64M	SAR 16M
Operating Cash Flow	SAR -62M	SAR 11M

Year on Year Comparison

Revenue increased by 2.0% compared to 2023. Net profit increased by 16.4%. Both revenue and profit grew — indicating expanding business.

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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: 2025-04-03.