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ARTEX Industrial Investment Co. 2021 Annual Results

Revenue
SAR 574M
Net Profit
SAR -48M

ARTEX Industrial Investment Co. (2340) reported full year 2021 revenue of SAR 574M, up 49.1% from SAR 385M in 2020. Net profit came in at SAR -48M, down 92.3% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20212020
RevenueSAR 574MSAR 385M
Net ProfitSAR -48MSAR -25M
Gross ProfitSAR 68MSAR 81M
Net Margin-8.3%-6.5%
ROE-4.4%-2.2%
Total AssetsSAR 1.35BSAR 1.28B
Total EquitySAR 1.09BSAR 1.13B

Year on Year Comparison

Revenue increased by 49.1% compared to 2020. Net profit decreased by 92.3%. Revenue grew but profit declined — suggesting margin pressure.

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: 2022-04-03.