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Saudi Industrial Development Co. 2022 Annual Results

Revenue

SAR 133M

Net Profit

SAR -39M

Saudi Industrial Development Co. (2130) reported full year 2022 revenue of SAR 133M, down 2.2% from SAR 136M in 2021. Net profit came in at SAR -39M, down 58.3% 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 133M	SAR 136M
Net Profit	SAR -39M	SAR -24M
Gross Profit	SAR 22M	SAR 27M
Net Margin	-29.1%	-18.0%
ROE	-23.2%	-12.0%
Total Assets	SAR 276M	SAR 301M
Total Equity	SAR 167M	SAR 204M

Year on Year Comparison

Revenue decreased by 2.2% compared to 2021. Net profit decreased by 58.3%. 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: 2023-05-16.