Sahm ScreenerSaudi Stock Screenerفلتر الأسهم السعودية
Home / Tabuk Agricultural Development Co. / 2023 Annual Results

Tabuk Agricultural Development Co. 2023 Annual Results

Revenue
SAR 105M
Net Profit
SAR 81M
EPS
SAR 2.07
Operating Cash Flow
SAR -14M

Tabuk Agricultural Development Co. (6040) reported full year 2023 revenue of SAR 105M, up 190.3% from SAR -117M in 2022. Net profit came in at SAR 81M, up 247.9% year on year. Earnings per share were SAR 2.07. The company generated SAR -14M 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 -0.17 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -0.17.

Key Financial Metrics

Metric20232022
RevenueSAR 105MSAR -117M
Net ProfitSAR 81MSAR -55M
Gross ProfitSAR 18M
Net Margin76.8%46.9%
ROE24.7%-22.4%
EPSSAR 2.07
Total AssetsSAR 498MSAR 440M
Total EquitySAR 328MSAR 245M
Total LiabilitiesSAR 169M
Operating Cash FlowSAR -14M

Year on Year Comparison

Revenue increased by 190.3% compared to 2022. Net profit increased by 247.9%. Both revenue and profit grew — indicating expanding business.

View full company profile →
View all years:
202420232022202120202019

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: 2024-04-02.