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Arabian Contracting Services Co. 2023 Annual Results

Revenue

SAR 1.28B

Net Profit

SAR 321M

EPS

SAR 6.36

Operating Cash Flow

SAR 348M

Arabian Contracting Services Co. (4071) reported full year 2023 revenue of SAR 1.28B, up 100.2% from SAR 639M in 2022. Net profit came in at SAR 321M, up 16.9% year on year. Earnings per share were SAR 6.36. The company generated SAR 348M 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 1.08 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.08.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 1.28B	SAR 639M
Net Profit	SAR 321M	SAR 275M
Gross Profit		SAR 487M
Net Margin	25.1%	43.0%
ROE	28.9%	33.5%
EPS	SAR 6.36
Total Assets	SAR 4.55B	SAR 2.64B
Total Equity	SAR 1.11B	SAR 820M
Total Liabilities	SAR 3.43B
Operating Cash Flow	SAR 348M

Year on Year Comparison

Revenue increased by 100.2% compared to 2022. Net profit increased by 16.9%. 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: 2024-04-04.