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Saudi Vitrified Clay Pipes Co. 2021 Annual Results

Revenue

SAR 67M

Net Profit

SAR -2M

Saudi Vitrified Clay Pipes Co. (2360) reported full year 2021 revenue of SAR 67M, down 19.4% from SAR 83M in 2020. Net profit came in at SAR -2M, down 119.3% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2021	2020
Revenue	SAR 67M	SAR 83M
Net Profit	SAR -2M	SAR 11M
Gross Profit	SAR 22M	SAR 40M
Net Margin	-3.1%	12.8%
ROE	-0.7%	3.8%
Total Assets	SAR 313M	SAR 321M
Total Equity	SAR 277M	SAR 279M

Year on Year Comparison

Revenue decreased by 19.4% compared to 2020. Net profit decreased by 119.3%. Both revenue and profit declined year on year.

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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: 2022-03-08.