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Saudi Fisheries Co. 2023 Annual Results

Revenue

SAR 52M

Net Profit

SAR -91M

EPS

SAR -2.29

Operating Cash Flow

SAR -40M

Saudi Fisheries Co. (6050) reported full year 2023 revenue of SAR 52M, down 26.9% from SAR 71M in 2022. Net profit came in at SAR -91M, down 32.9% year on year. Earnings per share were SAR -2.29. The company generated SAR -40M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 52M	SAR 71M
Net Profit	SAR -91M	SAR -69M
Gross Profit		SAR -23M
Net Margin	-175.1%	-96.3%
ROE	-63.1%	-33.9%
EPS	SAR -2.29
Total Assets	SAR 272M	SAR 311M
Total Equity	SAR 145M	SAR 203M
Total Liabilities	SAR 127M
Operating Cash Flow	SAR -40M

Year on Year Comparison

Revenue decreased by 26.9% compared to 2022. Net profit decreased by 32.9%. Both revenue and profit declined year on year.

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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: 2024-09-05.