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Tourism Enterprise Co. 2021 Annual Results

Revenue
SAR 13M
Net Profit
SAR -14M

Tourism Enterprise Co. (4170) reported full year 2021 revenue of SAR 13M, up 21.4% from SAR 11M in 2020. Net profit came in at SAR -14M, down 71.3% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20212020
RevenueSAR 13MSAR 11M
Net ProfitSAR -14MSAR -8M
Gross ProfitSAR 3MSAR 5M
Net Margin-108.9%-77.2%
ROE-25.3%-11.8%
Total AssetsSAR 70MSAR 76M
Total EquitySAR 55MSAR 70M

Year on Year Comparison

Revenue increased by 21.4% compared to 2020. Net profit decreased by 71.3%. 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: 2022-04-06.