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Saudi Arabia Refineries Co. 2023 Annual Results

Revenue

SAR 16M

Net Profit

SAR 8M

EPS

SAR 0.51

Operating Cash Flow

SAR 894K

Saudi Arabia Refineries Co. (2030) reported full year 2023 revenue of SAR 16M. Net profit came in at SAR 8M, down 72.7% year on year. Earnings per share were SAR 0.51. The company generated SAR 894K 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 0.12 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of 0.12.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 16M
Net Profit	SAR 8M	SAR 28M
Net Margin	49.4%
ROE	1.8%	6.4%
EPS	SAR 0.51
Total Assets	SAR 441M	SAR 445M
Total Equity	SAR 434M	SAR 439M
Total Liabilities	SAR 7M
Operating Cash Flow	SAR 894K

Year on Year Comparison

Net profit decreased by 72.7%.

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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: 2024-03-18.