Thob Al Aseel Co. 2023 Annual Results
Thob Al Aseel Co. (4012) reported full year 2023 revenue of SAR 532M, up 79.5% from SAR 297M in 2022. Net profit came in at SAR 77M, up 43.9% year on year. Earnings per share were SAR 0.19. The company generated SAR 123M 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 1.60 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.60.
Year on Year Comparison
Revenue increased by 79.5% compared to 2022. Net profit increased by 43.9%. Both revenue and profit grew — indicating expanding business.
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: 2024-03-03.