Home / Filing and Packing Materials Manufacturing Co. / 2023 Annual Results

Filing and Packing Materials Manufacturing Co. 2023 Annual Results

Revenue

SAR 238M

Net Profit

SAR 12M

EPS

SAR 1.04

Operating Cash Flow

SAR 24M

Filing and Packing Materials Manufacturing Co. (2180) reported full year 2023 revenue of SAR 238M, up 9.0% from SAR 218M in 2022. Net profit came in at SAR 12M, up 22.4% year on year. Earnings per share were SAR 1.04. The company generated SAR 24M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Earnings Quality

Of every SAR 1.00 in reported net profit, SAR 2.02 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 2.02.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 238M	SAR 218M
Net Profit	SAR 12M	SAR 10M
Gross Profit		SAR 42M
Net Margin	5.0%	4.5%
ROE	8.3%	7.4%
EPS	SAR 1.04
Total Assets	SAR 287M	SAR 287M
Total Equity	SAR 144M	SAR 132M
Total Liabilities	SAR 143M
Operating Cash Flow	SAR 24M

Year on Year Comparison

Revenue increased by 9.0% compared to 2022. Net profit increased by 22.4%. Both revenue and profit grew — indicating expanding business.

View full company profile →

View all years:

2024 2023 2022 2021 2020 2019

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: 2024-03-26.