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Emaar The Economic City 2020 Annual Results

Revenue
SAR 866M
Net Profit
SAR -1.25B

Emaar The Economic City (4220) reported full year 2020 revenue of SAR 866M, up 26.6% from SAR 684M in 2019. Net profit came in at SAR -1.25B, down 145.3% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20202019
RevenueSAR 866MSAR 684M
Net ProfitSAR -1.25BSAR -509M
Gross ProfitSAR -319MSAR 302M
Net Margin-144.1%-74.3%
ROE-21.4%-6.9%
Total AssetsSAR 16.32BSAR 17.57B
Total EquitySAR 5.84BSAR 7.35B

Year on Year Comparison

Revenue increased by 26.6% compared to 2019. Net profit decreased by 145.3%. 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: 2021-03-31.