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Home / Saudia Dairy and Foodstuff Co. / 2023 Annual Results

Saudia Dairy and Foodstuff Co. 2023 Annual Results

Revenue
SAR 2.11B
Net Profit
SAR 325M
EPS
SAR 10.24
Operating Cash Flow
SAR 555M

Saudia Dairy and Foodstuff Co. (2270) reported full year 2023 revenue of SAR 2.11B, up 45.2% from SAR 1.45B in 2022. Net profit came in at SAR 325M, up 55.5% year on year. Earnings per share were SAR 10.24. The company generated SAR 555M 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 1.71 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.71.

Key Financial Metrics

Metric20232022
RevenueSAR 2.11BSAR 1.45B
Net ProfitSAR 325MSAR 209M
Gross ProfitSAR 716M
Net Margin15.4%14.4%
ROE17.1%13.6%
EPSSAR 10.24
Total AssetsSAR 2.79BSAR 2.29B
Total EquitySAR 1.90BSAR 1.54B
Total LiabilitiesSAR 889M
Operating Cash FlowSAR 555M

Year on Year Comparison

Revenue increased by 45.2% compared to 2022. Net profit increased by 55.5%. 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: 2024-03-27.