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Tabuk Agricultural Development Co. 2022 Annual Results

Revenue

SAR -117M

Net Profit

SAR -55M

Tabuk Agricultural Development Co. (6040) reported full year 2022 revenue of SAR -117M, up 1.5% from SAR -119M in 2021. Net profit came in at SAR -55M, up 22.3% 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 -117M	SAR -119M
Net Profit	SAR -55M	SAR -71M
Gross Profit	SAR 18M	SAR 775K
Net Margin	46.9%	59.5%
ROE	-22.4%	-23.7%
Total Assets	SAR 440M	SAR 486M
Total Equity	SAR 245M	SAR 298M

Year on Year Comparison

Revenue increased by 1.5% compared to 2021. Net profit increased by 22.3%. Both revenue and profit grew — indicating expanding business.

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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.