Home / Wafrah for Industry and Development Co. / 2022 Annual Results

Wafrah for Industry and Development Co. 2022 Annual Results

Revenue

SAR -79M

Net Profit

SAR 19M

Wafrah for Industry and Development Co. (2100) reported full year 2022 revenue of SAR -79M, down 70.4% from SAR -47M in 2021. Net profit came in at SAR 19M, up 273.7% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR -79M	SAR -47M
Net Profit	SAR 19M	SAR -11M
Gross Profit	SAR 56M	SAR 18M
Net Margin	-23.9%	23.4%
ROE	8.6%	-20.7%
Total Assets	SAR 311M	SAR 143M
Total Equity	SAR 222M	SAR 53M

Year on Year Comparison

Revenue decreased by 70.4% compared to 2021. Net profit increased by 273.7%. Revenue declined but profit grew — indicating improved efficiency or cost control.

View full company profile →

View all years:

2024 2023 2022 2021 2020 2019

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: 2023-04-04.