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Taiba Investments Co. 2023 Annual Results

Revenue
SAR 536M
Net Profit
SAR 110M
EPS
SAR 0.65
Operating Cash Flow
SAR 318M

Taiba Investments Co. (4090) reported full year 2023 revenue of SAR 536M, up 372.2% from SAR 114M in 2022. Net profit came in at SAR 110M, down 21.2% year on year. Earnings per share were SAR 0.65. The company generated SAR 318M 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 2.90 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 2.90.

Key Financial Metrics

Metric20232022
RevenueSAR 536MSAR 114M
Net ProfitSAR 110MSAR 140M
Gross ProfitSAR 217M
Net Margin20.5%122.9%
ROE1.7%3.8%
EPSSAR 0.65
Total AssetsSAR 9.52BSAR 4.35B
Total EquitySAR 6.56BSAR 3.63B
Total LiabilitiesSAR 2.90B
Operating Cash FlowSAR 318M

Year on Year Comparison

Revenue increased by 372.2% compared to 2022. Net profit decreased by 21.2%. Revenue grew but profit declined — suggesting margin pressure.

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: 2024-04-02.