First Avenue for Real Estate Development Co. 2021 Annual Results
Revenue
SAR 218M
Net Profit
SAR 51M
EPS
SAR 5.84
Operating Cash Flow
SAR 220M
First Avenue for Real Estate Development Co. (9610) reported full year 2021 revenue of SAR 218M. Net profit came in at SAR 51M. Earnings per share were SAR 5.84. The company generated SAR 220M 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 4.34 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 4.34.
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: 2025-03-20.