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Saudi Pharmaceutical Industries and Medical Appliances Corp. 2022 Annual Results

Revenue

SAR 860M

Net Profit

SAR -171M

Saudi Pharmaceutical Industries and Medical Appliances Corp. (2070) reported full year 2022 revenue of SAR 860M, up 2.4% from SAR 840M in 2021. Net profit came in at SAR -171M, down 1046.0% 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 860M	SAR 840M
Net Profit	SAR -171M	SAR 18M
Gross Profit	SAR 566M	SAR 620M
Net Margin	-19.9%	2.2%
ROE	-11.1%	1.0%
Total Assets	SAR 3.83B	SAR 4.43B
Total Equity	SAR 1.54B	SAR 1.84B

Year on Year Comparison

Revenue increased by 2.4% compared to 2021. Net profit decreased by 1046.0%. 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: 2023-04-03.