Al-Babtain Power and Telecommunication Co. 2023 Annual Results
Al-Babtain Power and Telecommunication Co. (2320) reported full year 2023 revenue of SAR 2.49B, up 29.1% from SAR 1.93B in 2022. Net profit came in at SAR 143M, up 136.6% year on year. Earnings per share were SAR 2.21. The company generated SAR 254M 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 1.78 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.78.
Year on Year Comparison
Revenue increased by 29.1% compared to 2022. Net profit increased by 136.6%. 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: 2024-04-15.