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Retal Urban Development Co. 2022 Annual Results

Revenue
SAR 810M
Net Profit
SAR 246M

Retal Urban Development Co. (4322) reported full year 2022 revenue of SAR 810M, down 3.6% from SAR 840M in 2021. Net profit came in at SAR 246M, up 27.1% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR 810MSAR 840M
Net ProfitSAR 246MSAR 193M
Gross ProfitSAR 297MSAR 245M
Net Margin30.4%23.0%
ROE33.5%34.0%
Total AssetsSAR 2.43BSAR 1.84B
Total EquitySAR 734MSAR 569M

Year on Year Comparison

Revenue decreased by 3.6% compared to 2021. Net profit increased by 27.1%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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: 2023-03-06.