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Ash-Sharqiyah Development Co. 2018 Annual Results

Revenue
SAR -1M
Net Profit
SAR -7M

Ash-Sharqiyah Development Co. (6060) reported full year 2018 revenue of SAR -1M, down 117.8% from SAR 8M in 2017. Net profit came in at SAR -7M, up 58.7% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20182017
RevenueSAR -1MSAR 8M
Net ProfitSAR -7MSAR -16M
Gross ProfitSAR -1MSAR -6M
Net Margin500.3%-216.1%
ROE-3.2%-7.4%
Total AssetsSAR 253MSAR 254M
Total EquitySAR 213MSAR 219M

Year on Year Comparison

Revenue decreased by 117.8% compared to 2017. Net profit increased by 58.7%. 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: 2019-03-26.