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Saudi Arabian Amiantit Co. 2022 Annual Results

Revenue
SAR 449M
Net Profit
SAR -9M

Saudi Arabian Amiantit Co. (2160) reported full year 2022 revenue of SAR 449M, down 12.9% from SAR 515M in 2021. Net profit came in at SAR -9M, up 94.9% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR 449MSAR 515M
Net ProfitSAR -9MSAR -171M
Gross ProfitSAR 60MSAR -77M
Net Margin-2.0%-33.2%
ROE-2.4%569.1%
Total AssetsSAR 2.29BSAR 1.93B
Total EquitySAR 361MSAR -30M

Year on Year Comparison

Revenue decreased by 12.9% compared to 2021. Net profit increased by 94.9%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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: 2023-02-05.