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Saudi Vitrified Clay Pipes Co. 2020 Annual Results

Revenue
SAR 83M
Net Profit
SAR 11M

Saudi Vitrified Clay Pipes Co. (2360) reported full year 2020 revenue of SAR 83M, down 1.3% from SAR 85M in 2019. Net profit came in at SAR 11M, up 21.6% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20202019
RevenueSAR 83MSAR 85M
Net ProfitSAR 11MSAR 9M
Gross ProfitSAR 40MSAR 38M
Net Margin12.8%10.4%
ROE3.8%3.1%
Total AssetsSAR 321MSAR 346M
Total EquitySAR 279MSAR 285M

Year on Year Comparison

Revenue decreased by 1.3% compared to 2019. Net profit increased by 21.6%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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: 2021-03-01.