Home / Neft Alsharq Company for Chemical Industries / 2024 Annual Results

Neft Alsharq Company for Chemical Industries 2024 Annual Results

Revenue

SAR 63M

Net Profit

SAR 3M

EPS

SAR 0.11

Operating Cash Flow

SAR -5M

Neft Alsharq Company for Chemical Industries (9605) reported full year 2024 revenue of SAR 63M, up 1.1% from SAR 62M in 2023. Net profit came in at SAR 3M, down 40.1% year on year. Earnings per share were SAR 0.11. 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 -1.97 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -1.97.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 63M	SAR 62M
Net Profit	SAR 3M	SAR 4M
Net Margin	4.2%	7.1%
ROE	5.5%	15.5%
EPS	SAR 0.11	SAR 0.40
Total Assets	SAR 66M	SAR 38M
Total Equity	SAR 48M	SAR 28M
Total Liabilities	SAR 18M	SAR 10M
Operating Cash Flow	SAR -5M	SAR 2M

Year on Year Comparison

Revenue increased by 1.1% compared to 2023. Net profit decreased by 40.1%. Revenue grew but profit declined — suggesting margin pressure.

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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: 2025-03-24.