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Saudi Industrial Development Co. 2020 Annual Results

Revenue

SAR 129M

Net Profit

SAR -3M

Saudi Industrial Development Co. (2130) reported full year 2020 revenue of SAR 129M, down 18.5% from SAR 158M in 2019. Net profit came in at SAR -3M, up 91.7% 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 129M	SAR 158M
Net Profit	SAR -3M	SAR -39M
Gross Profit	SAR 36M	SAR 33M
Net Margin	-2.5%	-24.8%
ROE	-1.5%	-18.0%
Total Assets	SAR 298M	SAR 303M
Total Equity	SAR 210M	SAR 218M

Year on Year Comparison

Revenue decreased by 18.5% compared to 2019. Net profit increased by 91.7%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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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: 2021-03-31.