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Almunajem Foods Co. 2023 Annual Results

Revenue

SAR 3.31B

Net Profit

SAR 282M

EPS

SAR 4.70

Operating Cash Flow

SAR 423M

Almunajem Foods Co. (4162) reported full year 2023 revenue of SAR 3.31B, up 38.9% from SAR 2.39B in 2022. Net profit came in at SAR 282M, down 2.8% year on year. Earnings per share were SAR 4.70. The company generated SAR 423M 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 1.50 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.50.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 3.31B	SAR 2.39B
Net Profit	SAR 282M	SAR 290M
Gross Profit		SAR 592M
Net Margin	8.5%	12.2%
ROE	30.4%	32.2%
EPS	SAR 4.70
Total Assets	SAR 1.56B	SAR 1.48B
Total Equity	SAR 928M	SAR 901M
Total Liabilities	SAR 637M
Operating Cash Flow	SAR 423M

Year on Year Comparison

Revenue increased by 38.9% compared to 2022. Net profit decreased by 2.8%. 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: 2024-03-25.