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National Gypsum Co. 2023 Annual Results

Revenue
SAR 52M
Net Profit
SAR 5M
EPS
SAR 0.16
Operating Cash Flow
SAR -9M

National Gypsum Co. (2090) reported full year 2023 revenue of SAR 52M, up 10.4% from SAR 47M in 2022. Net profit came in at SAR 5M, up 218.3% year on year. Earnings per share were SAR 0.16. The company generated SAR -9M 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 -1.83 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -1.83.

Key Financial Metrics

Metric20232022
RevenueSAR 52MSAR 47M
Net ProfitSAR 5MSAR -4M
Gross ProfitSAR 8M
Net Margin9.9%-9.2%
ROE1.4%-1.0%
EPSSAR 0.16
Total AssetsSAR 406MSAR 456M
Total EquitySAR 362MSAR 432M
Total LiabilitiesSAR 44M
Operating Cash FlowSAR -9M

Year on Year Comparison

Revenue increased by 10.4% compared to 2022. Net profit increased by 218.3%. 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: 2024-04-01.