The Power and Water Utility Company for Jubail and Yanbu 2023 Annual Results
The Power and Water Utility Company for Jubail and Yanbu (2083) reported full year 2023 revenue of SAR 6.39B, up 19.3% from SAR 5.36B in 2022. Net profit came in at SAR 526M, down 37.8% year on year. Earnings per share were SAR 2.10. The company generated SAR 1.40B 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 2.67 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 2.67.
Year on Year Comparison
Revenue increased by 19.3% compared to 2022. Net profit decreased by 37.8%. Revenue grew but profit declined — suggesting margin pressure.
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: 2024-03-07.