Adeer Real Estate Co. 2024 Annual Results
Adeer Real Estate Co. (9634) reported full year 2024 revenue of SAR 121M, up 11.7% from SAR 108M in 2023. Net profit came in at SAR 64M, up 26.5% year on year. Earnings per share were SAR 12.74. The company generated SAR 59M 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 0.92 arrived as operating cash flow — indicating High quality earnings with a cash conversion ratio of 0.92.
Year on Year Comparison
Revenue increased by 11.7% compared to 2023. Net profit increased by 26.5%. Both revenue and profit grew — indicating expanding business.
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: 2025-06-12.