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Saudi Advanced Industries Co. 2022 Annual Results

Revenue

SAR 116M

Net Profit

SAR 100M

Saudi Advanced Industries Co. (2120) reported full year 2022 revenue of SAR 116M, up 14.4% from SAR 101M in 2021. Net profit came in at SAR 100M, up 10.0% 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 116M	SAR 101M
Net Profit	SAR 100M	SAR 91M
Gross Profit	SAR 116M	SAR 101M
Net Margin	86.3%	89.8%
ROE	11.1%	9.7%
Total Assets	SAR 909M	SAR 945M
Total Equity	SAR 901M	SAR 938M

Year on Year Comparison

Revenue increased by 14.4% compared to 2021. Net profit increased by 10.0%. 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: 2023-03-27.