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Emaar The Economic City 2022 Annual Results

Revenue

SAR 581M

Net Profit

SAR -1.16B

Emaar The Economic City (4220) reported full year 2022 revenue of SAR 581M, up 20.4% from SAR 482M in 2021. Net profit came in at SAR -1.16B, down 39.9% 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 581M	SAR 482M
Net Profit	SAR -1.16B	SAR -827M
Gross Profit	SAR -218M	SAR -110M
Net Margin	-199.3%	-171.5%
ROE	-17.4%	-10.5%
Total Assets	SAR 15.21B	SAR 15.57B
Total Equity	SAR 6.65B	SAR 7.88B

Year on Year Comparison

Revenue increased by 20.4% compared to 2021. Net profit decreased by 39.9%. 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: 2023-04-03.