Basic Chemical Industries Co. 2023 Annual Results
Basic Chemical Industries Co. (1210) reported full year 2023 revenue of SAR 741M, up 48.7% from SAR 499M in 2022. Net profit came in at SAR 44M, down 37.5% year on year. Earnings per share were SAR 0.20. The company generated SAR 111M 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 2.53 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 2.53.
Year on Year Comparison
Revenue increased by 48.7% compared to 2022. Net profit decreased by 37.5%. 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: 2024-03-25.