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Riyadh Cables Group Co. 2023 Annual Results

Revenue

SAR 7.83B

Net Profit

SAR 518M

EPS

SAR 3.46

Operating Cash Flow

SAR 1.34B

Riyadh Cables Group Co. (4142) reported full year 2023 revenue of SAR 7.83B, up 26.1% from SAR 6.21B in 2022. Net profit came in at SAR 518M, up 47.4% year on year. Earnings per share were SAR 3.46. The company generated SAR 1.34B 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 2.59 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 2.59.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 7.83B	SAR 6.21B
Net Profit	SAR 518M	SAR 352M
Gross Profit		SAR 647M
Net Margin	6.6%	5.7%
ROE	23.1%	16.6%
EPS	SAR 3.46
Total Assets	SAR 4.83B	SAR 4.62B
Total Equity	SAR 2.25B	SAR 2.12B
Total Liabilities	SAR 2.58B
Operating Cash Flow	SAR 1.34B

Year on Year Comparison

Revenue increased by 26.1% compared to 2022. Net profit increased by 47.4%. 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: 2024-03-17.