Bawan Co. 2023 Annual Results
Bawan Co. (1302) reported full year 2023 revenue of SAR 3.35B, up 5.3% from SAR 3.18B in 2022. Net profit came in at SAR 148M, down 9.4% year on year. Earnings per share were SAR 2.27. The company generated SAR 289M 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 1.96 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.96.
Year on Year Comparison
Revenue increased by 5.3% compared to 2022. Net profit decreased by 9.4%. 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: 2024-03-11.