Home / Rabigh Refining and Petrochemical Co. / 2023 Annual Results

Rabigh Refining and Petrochemical Co. 2023 Annual Results

Revenue

SAR 44.60B

Net Profit

SAR -4.69B

EPS

SAR -2.81

Operating Cash Flow

SAR -1.61B

Rabigh Refining and Petrochemical Co. (2380) reported full year 2023 revenue of SAR 44.60B, down 17.8% from SAR 54.27B in 2022. Net profit came in at SAR -4.69B, down 320.9% year on year. Earnings per share were SAR -2.81. The company generated SAR -1.61B in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 44.60B	SAR 54.27B
Net Profit	SAR -4.69B	SAR -1.11B
Gross Profit		SAR 1.68B
Net Margin	-10.5%	-2.0%
ROE	-44.5%	-7.3%
EPS	SAR -2.81
Total Assets	SAR 63.20B	SAR 65.58B
Total Equity	SAR 10.55B	SAR 15.25B
Total Liabilities	SAR 52.65B
Operating Cash Flow	SAR -1.61B

Year on Year Comparison

Revenue decreased by 17.8% compared to 2022. Net profit decreased by 320.9%. 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: 2024-03-31.