Taiba Investments Co. 2023 Annual Results
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.
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.