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Tabuk Agricultural Development Co. 2020 Annual Results

Revenue
SAR -144M
Net Profit
SAR -52M

Tabuk Agricultural Development Co. (6040) reported full year 2020 revenue of SAR -144M, down 17.9% from SAR -122M in 2019. Net profit came in at SAR -52M, up 71.0% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20202019
RevenueSAR -144MSAR -122M
Net ProfitSAR -52MSAR -180M
Gross ProfitSAR 14MSAR -38M
Net Margin36.1%146.9%
ROE-23.0%-64.0%
Total AssetsSAR 466MSAR 424M
Total EquitySAR 226MSAR 281M

Year on Year Comparison

Revenue decreased by 17.9% compared to 2019. Net profit increased by 71.0%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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: 2021-03-31.