National Agricultural Development Co. 2023 Annual Results
National Agricultural Development Co. (6010) reported full year 2023 revenue of SAR 3.20B, up 69.5% from SAR 1.89B in 2022. Net profit came in at SAR 302M, up 216.3% year on year. Earnings per share were SAR 1.77. The company generated SAR 655M 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 2.17 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 2.17.
Year on Year Comparison
Revenue increased by 69.5% compared to 2022. Net profit increased by 216.3%. 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: 2024-02-21.