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Saudi Fisheries Co. 2022 Annual Results

Revenue
SAR 71M
Net Profit
SAR -69M

Saudi Fisheries Co. (6050) reported full year 2022 revenue of SAR 71M, up 132.5% from SAR 31M in 2021. Net profit came in at SAR -69M, down 101.2% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR 71MSAR 31M
Net ProfitSAR -69MSAR -34M
Gross ProfitSAR -23MSAR 17M
Net Margin-96.3%-111.2%
ROE-33.9%-12.6%
Total AssetsSAR 311MSAR 341M
Total EquitySAR 203MSAR 271M

Year on Year Comparison

Revenue increased by 132.5% compared to 2021. Net profit decreased by 101.2%. Revenue grew but profit declined — suggesting margin pressure.

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: 2023-04-09.