Sahm ScreenerSaudi Stock Screenerفلتر الأسهم السعودية
Home / Retal Urban Development Co. / 2023 Annual Results

Retal Urban Development Co. 2023 Annual Results

Revenue
SAR 1.37B
Net Profit
SAR 208M
EPS
SAR 0.40
Operating Cash Flow
SAR -148M

Retal Urban Development Co. (4322) reported full year 2023 revenue of SAR 1.37B, up 68.8% from SAR 810M in 2022. Net profit came in at SAR 208M, down 15.4% year on year. Earnings per share were SAR 0.40. The company generated SAR -148M 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 Low quality earnings with a cash conversion ratio of -0.71.

Key Financial Metrics

Metric20232022
RevenueSAR 1.37BSAR 810M
Net ProfitSAR 208MSAR 246M
Gross ProfitSAR 297M
Net Margin15.2%30.4%
ROE28.0%33.5%
EPSSAR 0.40
Total AssetsSAR 3.63BSAR 2.43B
Total EquitySAR 743MSAR 734M
Total LiabilitiesSAR 2.88B
Operating Cash FlowSAR -148M

Year on Year Comparison

Revenue increased by 68.8% compared to 2022. Net profit decreased by 15.4%. Revenue grew but profit declined — suggesting margin pressure.

View full company profile →
View all years:
2025202420232022202120202019

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: 2024-02-29.