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Takween Advanced Industries Co. 2020 Annual Results

Revenue
SAR 597M
Net Profit
SAR -6M

Takween Advanced Industries Co. (1201) reported full year 2020 revenue of SAR 597M, down 40.8% from SAR 1.01B in 2019. Net profit came in at SAR -6M, up 93.8% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20202019
RevenueSAR 597MSAR 1.01B
Net ProfitSAR -6MSAR -97M
Gross ProfitSAR 157MSAR 181M
Net Margin-1.0%-9.6%
ROE-1.0%-16.3%
Total AssetsSAR 1.90BSAR 1.97B
Total EquitySAR 588MSAR 593M

Year on Year Comparison

Revenue decreased by 40.8% compared to 2019. Net profit increased by 93.8%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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: 2021-03-30.