Sumou Real Estate Co. 2023 Annual Results
Sumou Real Estate Co. (4323) reported full year 2023 revenue of SAR 274M, up 32.6% from SAR 206M in 2022. Net profit came in at SAR 103M, up 17.5% year on year. Earnings per share were SAR 2.74. The company generated SAR 161M 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 1.56 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.56.
Year on Year Comparison
Revenue increased by 32.6% compared to 2022. Net profit increased by 17.5%. Both revenue and profit grew — indicating expanding business.
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: 2024-03-31.