Saudi Tadawul Group Holding Co. 2023 Annual Results
Saudi Tadawul Group Holding Co. (1111) reported full year 2023 revenue of SAR 1.07B, up 214.7% from SAR 341M in 2022. Net profit came in at SAR 381M, down 10.2% year on year. Earnings per share were SAR 3.25. The company generated SAR 395M 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 1.03 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.03.
Year on Year Comparison
Revenue increased by 214.7% compared to 2022. Net profit decreased by 10.2%. Revenue grew but profit declined — suggesting margin pressure.
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: 2024-03-10.