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Saudi Arabian Amiantit Co. 2020 Annual Results

Revenue
SAR 506M
Net Profit
SAR -389M

Saudi Arabian Amiantit Co. (2160) reported full year 2020 revenue of SAR 506M, down 45.4% from SAR 927M in 2019. Net profit came in at SAR -389M, down 15.0% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20202019
RevenueSAR 506MSAR 927M
Net ProfitSAR -389MSAR -338M
Gross ProfitSAR -65MSAR -147M
Net Margin-76.9%-36.5%
ROE-230.7%-97.2%
Total AssetsSAR 2.25BSAR 2.42B
Total EquitySAR 169MSAR 348M

Year on Year Comparison

Revenue decreased by 45.4% compared to 2019. Net profit decreased by 15.0%. Both revenue and profit declined year on year.

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.