Yamama Cement Co. 2023 Annual Results
Yamama Cement Co. (3020) reported full year 2023 revenue of SAR 935M, up 56.0% from SAR 599M in 2022. Net profit came in at SAR 304M, down 14.5% year on year. Earnings per share were SAR 1.50. The company generated SAR 87M 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 0.28 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of 0.28.
Year on Year Comparison
Revenue increased by 56.0% compared to 2022. Net profit decreased by 14.5%. 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: 2024-02-20.