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Kingdom Holding Co. 2023 Annual Results

Revenue

SAR 2.70B

Net Profit

SAR 988M

EPS

SAR 0.27

Operating Cash Flow

SAR 703M

Kingdom Holding Co. (4280) reported full year 2023 revenue of SAR 2.70B, up 399.8% from SAR -902M in 2022. Net profit came in at SAR 988M, down 85.8% year on year. Earnings per share were SAR 0.27. The company generated SAR 703M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Earnings Quality

Of every SAR 1.00 in reported net profit, SAR 0.71 arrived as operating cash flow — indicating Moderate quality earnings with a cash conversion ratio of 0.71.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 2.70B	SAR -902M
Net Profit	SAR 988M	SAR 6.96B
Gross Profit		SAR 8.32B
Net Margin	36.6%	-771.7%
ROE	2.8%	22.6%
EPS	SAR 0.27
Total Assets	SAR 54.10B	SAR 53.16B
Total Equity	SAR 35.17B	SAR 30.73B
Total Liabilities	SAR 17.47B
Operating Cash Flow	SAR 703M

Year on Year Comparison

Revenue increased by 399.8% compared to 2022. Net profit decreased by 85.8%. 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: 2026-02-05.