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Saudi Pharmaceutical Industries and Medical Appliances Corp. 2023 Annual Results

Revenue

SAR 1.65B

Net Profit

SAR -9M

EPS

SAR -0.11

Operating Cash Flow

SAR 48M

Saudi Pharmaceutical Industries and Medical Appliances Corp. (2070) reported full year 2023 revenue of SAR 1.65B, up 92.2% from SAR 860M in 2022. Net profit came in at SAR -9M, up 94.7% year on year. Earnings per share were SAR -0.11. The company generated SAR 48M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 1.65B	SAR 860M
Net Profit	SAR -9M	SAR -171M
Gross Profit		SAR 566M
Net Margin	-0.6%	-19.9%
ROE	-0.6%	-11.1%
EPS	SAR -0.11
Total Assets	SAR 4.02B	SAR 3.83B
Total Equity	SAR 1.51B	SAR 1.54B
Total Liabilities	SAR 2.36B
Operating Cash Flow	SAR 48M

Year on Year Comparison

Revenue increased by 92.2% compared to 2022. Net profit increased by 94.7%. Both revenue and profit grew — indicating expanding business.

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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: 2024-04-14.