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Tourism Enterprise Co. 2022 Annual Results

Revenue

SAR 9M

Net Profit

SAR -7M

Tourism Enterprise Co. (4170) reported full year 2022 revenue of SAR 9M, down 31.0% from SAR 13M in 2021. Net profit came in at SAR -7M, up 48.5% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR 9M	SAR 13M
Net Profit	SAR -7M	SAR -14M
Gross Profit	SAR 1M	SAR 3M
Net Margin	-81.3%	-108.9%
ROE	-1.3%	-25.3%
Total Assets	SAR 571M	SAR 70M
Total Equity	SAR 551M	SAR 55M

Year on Year Comparison

Revenue decreased by 31.0% compared to 2021. Net profit increased by 48.5%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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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: 2023-04-05.