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Southern Province Cement Co. 2022 Annual Results

Revenue

SAR 865M

Net Profit

SAR 301M

Southern Province Cement Co. (3050) reported full year 2022 revenue of SAR 865M, up 6.4% from SAR 813M in 2021. Net profit came in at SAR 301M, down 33.2% 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 865M	SAR 813M
Net Profit	SAR 301M	SAR 450M
Gross Profit	SAR 357M	SAR 526M
Net Margin	34.8%	55.4%
ROE	9.4%	14.0%
Total Assets	SAR 3.87B	SAR 4.00B
Total Equity	SAR 3.21B	SAR 3.21B

Year on Year Comparison

Revenue increased by 6.4% compared to 2021. Net profit decreased by 33.2%. Revenue grew but profit declined — suggesting margin pressure.

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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: 2023-04-02.