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Development Works Food Co. 2022 Annual Results

Revenue

SAR -87M

Net Profit

SAR -3M

Development Works Food Co. (6013) reported full year 2022 revenue of SAR -87M, down 6.6% from SAR -82M in 2021. Net profit came in at SAR -3M, down 229.3% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR -87M	SAR -82M
Net Profit	SAR -3M	SAR 2M
Gross Profit	SAR 12M	SAR 19M
Net Margin	3.5%	-2.9%
ROE	-10.5%	7.2%
Total Assets	SAR 78M	SAR 100M
Total Equity	SAR 29M	SAR 33M

Year on Year Comparison

Revenue decreased by 6.6% compared to 2021. Net profit decreased by 229.3%. Both revenue and profit declined year on year.

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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: 2023-04-03.