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Alandalus Property Co. 2023 Annual Results

Revenue

SAR 215M

Net Profit

SAR 36M

EPS

SAR 0.39

Operating Cash Flow

SAR 153M

Alandalus Property Co. (4320) reported full year 2023 revenue of SAR 215M, up 191.9% from SAR 74M in 2022. Net profit came in at SAR 36M, down 45.5% year on year. Earnings per share were SAR 0.39. The company generated SAR 153M 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 4.21 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 4.21.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 215M	SAR 74M
Net Profit	SAR 36M	SAR 67M
Gross Profit		SAR 142M
Net Margin	16.9%	90.6%
ROE	3.4%	6.2%
EPS	SAR 0.39
Total Assets	SAR 2.26B	SAR 2.06B
Total Equity	SAR 1.07B	SAR 1.08B
Total Liabilities	SAR 1.03B
Operating Cash Flow	SAR 153M

Year on Year Comparison

Revenue increased by 191.9% compared to 2022. Net profit decreased by 45.5%. 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: 2024-09-19.