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Savola Group 2022 Annual Results

Revenue
SAR 23.18B
Net Profit
SAR 743M

Savola Group (2050) reported full year 2022 revenue of SAR 23.18B, up 14.8% from SAR 20.19B in 2021. Net profit came in at SAR 743M, up 234.8% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR 23.18BSAR 20.19B
Net ProfitSAR 743MSAR 222M
Gross ProfitSAR 4.87BSAR 4.48B
Net Margin3.2%1.1%
ROE9.0%2.8%
Total AssetsSAR 29.56BSAR 28.55B
Total EquitySAR 8.25BSAR 8.08B

Year on Year Comparison

Revenue increased by 14.8% compared to 2021. Net profit increased by 234.8%. Both revenue and profit grew — indicating expanding business.

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: 2023-04-02.