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Saudi Marketing Co. 2023 Annual Results

Revenue

SAR 1.81B

Net Profit

SAR 22M

EPS

SAR 0.48

Operating Cash Flow

SAR 124M

Saudi Marketing Co. (4006) reported full year 2023 revenue of SAR 1.81B, up 41.4% from SAR 1.28B in 2022. Net profit came in at SAR 22M, down 5.2% year on year. Earnings per share were SAR 0.48. The company generated SAR 124M 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 5.71 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 5.71.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 1.81B	SAR 1.28B
Net Profit	SAR 22M	SAR 23M
Gross Profit		SAR 517M
Net Margin	1.2%	1.8%
ROE	3.3%	3.5%
EPS	SAR 0.48
Total Assets	SAR 2.35B	SAR 2.33B
Total Equity	SAR 661M	SAR 659M
Total Liabilities	SAR 1.69B
Operating Cash Flow	SAR 124M

Year on Year Comparison

Revenue increased by 41.4% compared to 2022. Net profit decreased by 5.2%. 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: 2024-03-28.