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Najran Cement Co. 2022 Annual Results

Revenue
SAR 364M
Net Profit
SAR 114M

Najran Cement Co. (3002) reported full year 2022 revenue of SAR 364M, up 3.6% from SAR 351M in 2021. Net profit came in at SAR 114M, down 31.3% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR 364MSAR 351M
Net ProfitSAR 114MSAR 166M
Gross ProfitSAR 172MSAR 230M
Net Margin31.3%47.1%
ROE5.7%8.4%
Total AssetsSAR 2.42BSAR 2.39B
Total EquitySAR 1.99BSAR 1.97B

Year on Year Comparison

Revenue increased by 3.6% compared to 2021. Net profit decreased by 31.3%. 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: 2023-03-13.