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Qomel Co. 2024 Annual Results

Revenue

SAR 124M

Net Profit

SAR 22M

EPS

SAR 6.62

Operating Cash Flow

SAR -5M

Qomel Co. (9600) reported full year 2024 revenue of SAR 124M, up 17.8% from SAR 105M in 2023. Net profit came in at SAR 22M, up 24.8% year on year. Earnings per share were SAR 6.62. The company generated SAR -5M 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 -0.21 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -0.21.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 124M	SAR 105M
Net Profit	SAR 22M	SAR 18M
Net Margin	17.7%	16.7%
ROE	20.9%	38.7%
EPS	SAR 6.62	SAR 5.86
Total Assets	SAR 185M	SAR 99M
Total Equity	SAR 105M	SAR 46M
Total Liabilities	SAR 80M	SAR 54M
Operating Cash Flow	SAR -5M	SAR -4M

Year on Year Comparison

Revenue increased by 17.8% compared to 2023. Net profit increased by 24.8%. Both revenue and profit grew — indicating expanding business.

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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: 2025-03-04.