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Alamar Foods Co. 2023 Annual Results

Revenue

SAR 992M

Net Profit

SAR 57M

EPS

SAR 2.29

Operating Cash Flow

SAR 190M

Alamar Foods Co. (6014) reported full year 2023 revenue of SAR 992M, up 39.0% from SAR 714M in 2022. Net profit came in at SAR 57M, down 50.9% year on year. Earnings per share were SAR 2.29. The company generated SAR 190M 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 3.37 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 3.37.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 992M	SAR 714M
Net Profit	SAR 57M	SAR 115M
Gross Profit		SAR 362M
Net Margin	5.7%	16.1%
ROE	17.7%	34.5%
EPS	SAR 2.29
Total Assets	SAR 719M	SAR 761M
Total Equity	SAR 320M	SAR 335M
Total Liabilities	SAR 399M
Operating Cash Flow	SAR 190M

Year on Year Comparison

Revenue increased by 39.0% compared to 2022. Net profit decreased by 50.9%. Revenue grew but profit declined — suggesting margin pressure.

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2023 2022 2021

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: 2024-04-01.