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Home / Saudi Arabian Amiantit Co. / 2023 Annual Results

Saudi Arabian Amiantit Co. 2023 Annual Results

Revenue
SAR 719M
Net Profit
SAR -170M
EPS
SAR -17.73
Operating Cash Flow
SAR 42M

Saudi Arabian Amiantit Co. (2160) reported full year 2023 revenue of SAR 719M, up 60.1% from SAR 449M in 2022. Net profit came in at SAR -170M, down 1840.9% year on year. Earnings per share were SAR -17.73. The company generated SAR 42M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20232022
RevenueSAR 719MSAR 449M
Net ProfitSAR -170MSAR -9M
Gross ProfitSAR 60M
Net Margin-23.7%-2.0%
ROE-101.6%-2.4%
EPSSAR -17.73
Total AssetsSAR 2.31BSAR 2.29B
Total EquitySAR 168MSAR 361M
Total LiabilitiesSAR 2.11B
Operating Cash FlowSAR 42M

Year on Year Comparison

Revenue increased by 60.1% compared to 2022. Net profit decreased by 1840.9%. Revenue grew but profit declined — suggesting margin pressure.

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: 2024-02-19.