SABIC Agri-Nutrients Co. 2023 Annual Results
SABIC Agri-Nutrients Co. (2020) reported full year 2023 revenue of SAR 11.03B, up 241.6% from SAR -7.79B in 2022. Net profit came in at SAR 3.86B, down 61.5% year on year. Earnings per share were SAR 7.69. The company generated SAR 5.68B 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 1.47 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.47.
Year on Year Comparison
Revenue increased by 241.6% compared to 2022. Net profit decreased by 61.5%. 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: 2024-03-03.