Saudi Ceramic Co. 2022 Annual Results
Saudi Ceramic Co. (2040) reported full year 2022 revenue of SAR 1.03B, up 2.6% from SAR 1.01B in 2021. Net profit came in at SAR 174M, down 25.6% year on year. Earnings per share were SAR 2.18. The company generated SAR 190M 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 1.09 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.09.
Year on Year Comparison
Revenue increased by 2.6% compared to 2021. Net profit decreased by 25.6%. 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: 2023-03-02.