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Baazeem Trading Co. 2023 Annual Results

Revenue

SAR 257M

Net Profit

SAR 22M

EPS

SAR 2.14

Operating Cash Flow

SAR 26M

Baazeem Trading Co. (4051) reported full year 2023 revenue of SAR 257M, up 55.4% from SAR 165M in 2022. Net profit came in at SAR 22M, down 0.6% year on year. Earnings per share were SAR 2.14. The company generated SAR 26M 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 1.20 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.20.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 257M	SAR 165M
Net Profit	SAR 22M	SAR 22M
Gross Profit		SAR 98M
Net Margin	8.4%	13.2%
ROE	11.2%	11.4%
EPS	SAR 2.14
Total Assets	SAR 240M	SAR 250M
Total Equity	SAR 194M	SAR 190M
Total Liabilities	SAR 46M
Operating Cash Flow	SAR 26M

Year on Year Comparison

Revenue increased by 55.4% compared to 2022. Net profit decreased by 0.6%. 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: 2024-03-18.