Abdullah Al Othaim Markets Co. 2023 Annual Results
Abdullah Al Othaim Markets Co. (4001) reported full year 2023 revenue of SAR 10.20B, up 36.7% from SAR 7.46B in 2022. Net profit came in at SAR 497M, down 53.9% year on year. Earnings per share were SAR 0.55. The company generated SAR 717M 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 1.44 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.44.
Year on Year Comparison
Revenue increased by 36.7% compared to 2022. Net profit decreased by 53.9%. 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: 2024-04-16.