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Development Works Food Co. 2023 Annual Results

Revenue

SAR 94M

Net Profit

SAR -4M

EPS

SAR -1.45

Operating Cash Flow

SAR 24M

Development Works Food Co. (6013) reported full year 2023 revenue of SAR 94M, up 208.2% from SAR -87M in 2022. Net profit came in at SAR -4M, down 41.1% year on year. Earnings per share were SAR -1.45. The company generated SAR 24M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 94M	SAR -87M
Net Profit	SAR -4M	SAR -3M
Gross Profit		SAR 12M
Net Margin	-4.6%	3.5%
ROE	-17.4%	-10.5%
EPS	SAR -1.45
Total Assets	SAR 81M	SAR 78M
Total Equity	SAR 25M	SAR 29M
Total Liabilities	SAR 56M
Operating Cash Flow	SAR 24M

Year on Year Comparison

Revenue increased by 208.2% compared to 2022. Net profit decreased by 41.1%. Revenue grew but profit declined — suggesting margin pressure.

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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: 2024-05-07.