National Gas and Industrialization Co. 2023 Annual Results
National Gas and Industrialization Co. (2080) reported full year 2023 revenue of SAR 2.46B, up 236.4% from SAR -1.80B in 2022. Net profit came in at SAR 227M, up 6.2% year on year. Earnings per share were SAR 3.03. The company generated SAR 185M 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 0.81 arrived as operating cash flow — indicating High quality earnings with a cash conversion ratio of 0.81.
Year on Year Comparison
Revenue increased by 236.4% compared to 2022. Net profit increased by 6.2%. Both revenue and profit grew — indicating expanding business.
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: 2024-03-26.