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Alkhorayef Water and Power Technologies Co. 2023 Annual Results

Revenue

SAR 1.71B

Net Profit

SAR 140M

EPS

SAR 5.60

Operating Cash Flow

SAR 4M

Alkhorayef Water and Power Technologies Co. (2081) reported full year 2023 revenue of SAR 1.71B, up 185.2% from SAR 599M in 2022. Net profit came in at SAR 140M, up 30.3% year on year. Earnings per share were SAR 5.60. The company generated SAR 4M 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 0.03 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of 0.03.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 1.71B	SAR 599M
Net Profit	SAR 140M	SAR 107M
Gross Profit		SAR 223M
Net Margin	8.2%	17.9%
ROE	26.1%	27.0%
EPS	SAR 5.60
Total Assets	SAR 1.70B	SAR 1.19B
Total Equity	SAR 538M	SAR 398M
Total Liabilities	SAR 1.16B
Operating Cash Flow	SAR 4M

Year on Year Comparison

Revenue increased by 185.2% compared to 2022. Net profit increased by 30.3%. 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: 2024-03-26.