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Hedab Alkhaleej Trading Co. 2024 Annual Results

Revenue

SAR 591M

Net Profit

SAR 15M

EPS

SAR 2.28

Operating Cash Flow

SAR 35M

Hedab Alkhaleej Trading Co. (9631) reported full year 2024 revenue of SAR 591M, up 26.0% from SAR 469M in 2023. Net profit came in at SAR 15M, down 43.4% year on year. Earnings per share were SAR 2.28. The company generated SAR 35M 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 2.32 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 2.32.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 591M	SAR 469M
Net Profit	SAR 15M	SAR 27M
Net Margin	2.6%	5.8%
ROE	9.9%	20.0%
EPS	SAR 2.28	SAR 4.03
Total Assets	SAR 340M	SAR 303M
Total Equity	SAR 154M	SAR 135M
Total Liabilities	SAR 186M	SAR 168M
Operating Cash Flow	SAR 35M	SAR -16M

Year on Year Comparison

Revenue increased by 26.0% compared to 2023. Net profit decreased by 43.4%. Revenue grew but profit declined — suggesting margin pressure.

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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: 2025-04-10.