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National Industrialization Co. 2022 Annual Results

Revenue

SAR 3.02B

Net Profit

SAR 666M

National Industrialization Co. (2060) reported full year 2022 revenue of SAR 3.02B, up 12.4% from SAR 2.69B in 2021. Net profit came in at SAR 666M, down 50.9% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR 3.02B	SAR 2.69B
Net Profit	SAR 666M	SAR 1.36B
Gross Profit	SAR 864M	SAR 987M
Net Margin	22.1%	50.5%
ROE	6.9%	15.6%
Total Assets	SAR 24.66B	SAR 24.98B
Total Equity	SAR 9.61B	SAR 8.70B

Year on Year Comparison

Revenue increased by 12.4% compared to 2021. Net profit decreased by 50.9%. Revenue grew but profit declined — suggesting margin pressure.

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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: 2023-03-06.