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Eastern Province Cement Co. 2022 Annual Results

Revenue
SAR 536M
Net Profit
SAR 143M

Eastern Province Cement Co. (3080) reported full year 2022 revenue of SAR 536M, up 9.8% from SAR 489M in 2021. Net profit came in at SAR 143M, down 28.7% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR 536MSAR 489M
Net ProfitSAR 143MSAR 201M
Gross ProfitSAR 248MSAR 269M
Net Margin26.7%41.1%
ROE6.1%8.3%
Total AssetsSAR 2.85BSAR 2.78B
Total EquitySAR 2.36BSAR 2.41B

Year on Year Comparison

Revenue increased by 9.8% compared to 2021. Net profit decreased by 28.7%. 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: 2023-03-20.