Home / Almasane Alkobra Mining Co. / 2023 Annual Results

Almasane Alkobra Mining Co. 2023 Annual Results

Revenue

SAR 488M

Net Profit

SAR 55M

EPS

SAR 0.73

Operating Cash Flow

SAR 291M

Almasane Alkobra Mining Co. (1322) reported full year 2023 revenue of SAR 488M, up 30.3% from SAR 374M in 2022. Net profit came in at SAR 55M, down 56.8% year on year. Earnings per share were SAR 0.73. The company generated SAR 291M 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 5.33 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 5.33.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 488M	SAR 374M
Net Profit	SAR 55M	SAR 126M
Gross Profit		SAR 208M
Net Margin	11.2%	33.7%
ROE	4.5%	10.3%
EPS	SAR 0.73
Total Assets	SAR 1.45B	SAR 1.55B
Total Equity	SAR 1.22B	SAR 1.22B
Total Liabilities	SAR 234M
Operating Cash Flow	SAR 291M

Year on Year Comparison

Revenue increased by 30.3% compared to 2022. Net profit decreased by 56.8%. Revenue grew but profit declined — suggesting margin pressure.

View full company profile →

View all years:

2025 2024 2023 2022 2021

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: 2024-03-05.