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Saudi Vitrified Clay Pipes Co. 2022 Annual Results

Revenue

SAR 72M

Net Profit

SAR -9M

Saudi Vitrified Clay Pipes Co. (2360) reported full year 2022 revenue of SAR 72M, up 7.0% from SAR 67M in 2021. Net profit came in at SAR -9M, down 326.4% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR 72M	SAR 67M
Net Profit	SAR -9M	SAR -2M
Gross Profit	SAR 4M	SAR 22M
Net Margin	-12.2%	-3.1%
ROE	-3.3%	-0.7%
Total Assets	SAR 299M	SAR 313M
Total Equity	SAR 269M	SAR 277M

Year on Year Comparison

Revenue increased by 7.0% compared to 2021. Net profit decreased by 326.4%. Revenue grew but profit declined — suggesting margin pressure.

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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: 2023-03-05.