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Knowledge Economic City 2023 Annual Results

Revenue

SAR 67M

Net Profit

SAR -46M

EPS

SAR -0.13

Operating Cash Flow

SAR 52M

Knowledge Economic City (4310) reported full year 2023 revenue of SAR 67M, up 72.9% from SAR 39M in 2022. Net profit came in at SAR -46M, down 135.2% year on year. Earnings per share were SAR -0.13. The company generated SAR 52M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 67M	SAR 39M
Net Profit	SAR -46M	SAR -19M
Gross Profit		SAR 18M
Net Margin	-68.2%	-50.1%
ROE	-1.5%	-0.6%
EPS	SAR -0.13
Total Assets	SAR 3.87B	SAR 3.51B
Total Equity	SAR 3.00B	SAR 3.06B
Total Liabilities	SAR 773M
Operating Cash Flow	SAR 52M

Year on Year Comparison

Revenue increased by 72.9% compared to 2022. Net profit decreased by 135.2%. 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: 2024-03-21.