Sahm ScreenerSaudi Stock Screenerفلتر الأسهم السعودية
Home / Savola Group / 2023 Annual Results

Savola Group 2023 Annual Results

Revenue
SAR 26.82B
Net Profit
SAR 1.07B
EPS
SAR 1.69
Operating Cash Flow
SAR 1.72B

Savola Group (2050) reported full year 2023 revenue of SAR 26.82B, up 15.7% from SAR 23.18B in 2022. Net profit came in at SAR 1.07B, up 44.1% year on year. Earnings per share were SAR 1.69. The company generated SAR 1.72B 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 1.61 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.61.

Key Financial Metrics

Metric20232022
RevenueSAR 26.82BSAR 23.18B
Net ProfitSAR 1.07BSAR 743M
Gross ProfitSAR 4.87B
Net Margin4.0%3.2%
ROE12.7%9.0%
EPSSAR 1.69
Total AssetsSAR 29.96BSAR 29.56B
Total EquitySAR 8.45BSAR 8.25B
Total LiabilitiesSAR 20.43B
Operating Cash FlowSAR 1.72B

Year on Year Comparison

Revenue increased by 15.7% compared to 2022. Net profit increased by 44.1%. Both revenue and profit grew — indicating expanding business.

View full company profile →
View all years:
2025202420232022202120202019

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: 2024-03-25.