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Saudi Automotive Services Co. 2022 Annual Results

Revenue
SAR 7.58B
Net Profit
SAR 90M

Saudi Automotive Services Co. (4050) reported full year 2022 revenue of SAR 7.58B, up 93.9% from SAR 3.91B in 2021. Net profit came in at SAR 90M, up 76.4% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR 7.58BSAR 3.91B
Net ProfitSAR 90MSAR 51M
Gross ProfitSAR 272MSAR 152M
Net Margin1.2%1.3%
ROE10.7%6.3%
Total AssetsSAR 6.11BSAR 3.27B
Total EquitySAR 836MSAR 812M

Year on Year Comparison

Revenue increased by 93.9% compared to 2021. Net profit increased by 76.4%. 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: 2023-03-15.