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Saudi Advanced Industries Co. 2020 Annual Results

Revenue

SAR 37M

Net Profit

SAR 26M

Saudi Advanced Industries Co. (2120) reported full year 2020 revenue of SAR 37M, down 16.7% from SAR 44M in 2019. Net profit came in at SAR 26M, down 8.6% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2020	2019
Revenue	SAR 37M	SAR 44M
Net Profit	SAR 26M	SAR 29M
Gross Profit	SAR 37M	SAR 44M
Net Margin	70.9%	64.6%
ROE	3.1%	3.6%
Total Assets	SAR 847M	SAR 811M
Total Equity	SAR 840M	SAR 799M

Year on Year Comparison

Revenue decreased by 16.7% compared to 2019. Net profit decreased by 8.6%. Both revenue and profit declined year on year.

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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: 2021-03-17.