Home / Al Mawarid Manpower Co. / 2023 Annual Results

Al Mawarid Manpower Co. 2023 Annual Results

Revenue

SAR 1.26B

Net Profit

SAR 89M

EPS

SAR 5.92

Operating Cash Flow

SAR 86M

Al Mawarid Manpower Co. (1833) reported full year 2023 revenue of SAR 1.26B, up 254.3% from SAR -817M in 2022. Net profit came in at SAR 89M, up 16.8% year on year. Earnings per share were SAR 5.92. The company generated SAR 86M 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 0.97 arrived as operating cash flow — indicating High quality earnings with a cash conversion ratio of 0.97.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 1.26B	SAR -817M
Net Profit	SAR 89M	SAR 76M
Gross Profit		SAR 128M
Net Margin	7.0%	-9.3%
ROE	25.8%	25.9%
EPS	SAR 5.92	SAR 5.07
Total Assets	SAR 642M	SAR 504M
Total Equity	SAR 344M	SAR 293M
Total Liabilities	SAR 298M	SAR 211M
Operating Cash Flow	SAR 86M	SAR 40M

Year on Year Comparison

Revenue increased by 254.3% compared to 2022. Net profit increased by 16.8%. Both revenue and profit grew — indicating expanding business.

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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: 2024-04-01.