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Saudi Cement Co. 2022 Annual Results

Revenue

SAR 851M

Net Profit

SAR 399M

Saudi Cement Co. (3030) reported full year 2022 revenue of SAR 851M, down 3.2% from SAR 879M in 2021. Net profit came in at SAR 399M, up 20.2% 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 851M	SAR 879M
Net Profit	SAR 399M	SAR 332M
Gross Profit	SAR 569M	SAR 530M
Net Margin	46.9%	37.8%
ROE	17.4%	13.6%
Total Assets	SAR 3.28B	SAR 3.39B
Total Equity	SAR 2.29B	SAR 2.43B

Year on Year Comparison

Revenue decreased by 3.2% compared to 2021. Net profit increased by 20.2%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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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: 2023-03-19.