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Tourism Enterprise Co. 2020 Annual Results

Revenue
SAR 11M
Net Profit
SAR -8M

Tourism Enterprise Co. (4170) reported full year 2020 revenue of SAR 11M, down 6.2% from SAR 11M in 2019. Net profit came in at SAR -8M, down 95.8% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20202019
RevenueSAR 11MSAR 11M
Net ProfitSAR -8MSAR -4M
Gross ProfitSAR 5MSAR 1M
Net Margin-77.2%-37.0%
ROE-11.8%-5.4%
Total AssetsSAR 76MSAR 82M
Total EquitySAR 70MSAR 78M

Year on Year Comparison

Revenue decreased by 6.2% compared to 2019. Net profit decreased by 95.8%. Both revenue and profit declined year on year.

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: 2021-04-05.