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Saudi Arabian Oil Co. 2022 Annual Results

Revenue
SAR 2.01tr
Net Profit
SAR 604.00B

Saudi Arabian Oil Co. (2222) reported full year 2022 revenue of SAR 2.01tr, up 49.0% from SAR 1.35tr in 2021. Net profit came in at SAR 604.00B, up 46.5% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR 2.01trSAR 1.35tr
Net ProfitSAR 604.00BSAR 412.40B
Gross ProfitSAR 2.01trSAR 1.35tr
Net Margin30.1%30.6%
ROE41.7%37.0%
Total AssetsSAR 2.49trSAR 2.16tr
Total EquitySAR 1.45trSAR 1.11tr

Year on Year Comparison

Revenue increased by 49.0% compared to 2021. Net profit increased by 46.5%. Both revenue and profit grew — indicating expanding business.

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: 2023-03-13.