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Specialized Medical Co. 2023 Annual Results

Revenue

SAR 1.37B

Net Profit

SAR 169M

EPS

SAR 0.68

Operating Cash Flow

SAR 233M

Specialized Medical Co. (4019) reported full year 2023 revenue of SAR 1.37B, up 13.2% from SAR 1.21B in 2022. Net profit came in at SAR 169M, up 63.8% year on year. Earnings per share were SAR 0.68. The company generated SAR 233M 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 1.38 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.38.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 1.37B	SAR 1.21B
Net Profit	SAR 169M	SAR 103M
Net Margin	12.3%	8.5%
ROE	20.0%	14.1%
EPS	SAR 0.68	SAR 12.11
Total Assets	SAR 2.07B	SAR 1.89B
Total Equity	SAR 845M	SAR 732M
Total Liabilities	SAR 1.23B	SAR 1.16B
Operating Cash Flow	SAR 233M	SAR 177M

Year on Year Comparison

Revenue increased by 13.2% compared to 2022. Net profit increased by 63.8%. Both revenue and profit grew — indicating expanding business.

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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: 2025-11-02.