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National Industrialization Co. 2020 Annual Results

Revenue

SAR 1.94B

Net Profit

SAR -447M

National Industrialization Co. (2060) reported full year 2020 revenue of SAR 1.94B, down 25.8% from SAR 2.62B in 2019. Net profit came in at SAR -447M, up 71.7% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2020	2019
Revenue	SAR 1.94B	SAR 2.62B
Net Profit	SAR -447M	SAR -1.58B
Gross Profit	SAR 330M	SAR 401M
Net Margin	-23.0%	-60.3%
ROE	-6.2%	-20.0%
Total Assets	SAR 22.32B	SAR 22.94B
Total Equity	SAR 7.27B	SAR 7.91B

Year on Year Comparison

Revenue decreased by 25.8% compared to 2019. Net profit increased by 71.7%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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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: 2021-03-31.