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ARTEX Industrial Investment Co. 2020 Annual Results

Revenue
SAR 385M
Net Profit
SAR -25M

ARTEX Industrial Investment Co. (2340) reported full year 2020 revenue of SAR 385M, down 23.6% from SAR 504M in 2019. Net profit came in at SAR -25M, down 112.7% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20202019
RevenueSAR 385MSAR 504M
Net ProfitSAR -25MSAR -12M
Gross ProfitSAR 81MSAR 97M
Net Margin-6.5%-2.3%
ROE-2.2%-1.0%
Total AssetsSAR 1.28BSAR 1.38B
Total EquitySAR 1.13BSAR 1.15B

Year on Year Comparison

Revenue decreased by 23.6% compared to 2019. Net profit decreased by 112.7%. Both revenue and profit declined year on year.

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: 2021-03-28.