Sahm ScreenerSaudi Stock Screenerفلتر الأسهم السعودية
Home / Arabian Cement Co. / 2023 Annual Results

Arabian Cement Co. 2023 Annual Results

Revenue
SAR 876M
Net Profit
SAR 143M
EPS
SAR 1.40
Operating Cash Flow
SAR 239M

Arabian Cement Co. (3010) reported full year 2023 revenue of SAR 876M, up 25.8% from SAR 696M in 2022. Net profit came in at SAR 143M, down 21.1% year on year. Earnings per share were SAR 1.40. The company generated SAR 239M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Earnings Quality

Of every SAR 1.00 in reported net profit, SAR 1.67 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.67.

Key Financial Metrics

Metric20232022
RevenueSAR 876MSAR 696M
Net ProfitSAR 143MSAR 181M
Gross ProfitSAR 275M
Net Margin16.3%26.0%
ROE5.5%6.9%
EPSSAR 1.40
Total AssetsSAR 3.14BSAR 3.28B
Total EquitySAR 2.57BSAR 2.64B
Total LiabilitiesSAR 473M
Operating Cash FlowSAR 239M

Year on Year Comparison

Revenue increased by 25.8% compared to 2022. Net profit decreased by 21.1%. 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: 2024-03-17.