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Ash-Sharqiyah Development Co. 2020 Annual Results

Revenue
SAR -525K
Net Profit
SAR -2M

Ash-Sharqiyah Development Co. (6060) reported full year 2020 revenue of SAR -525K, up 43.9% from SAR -936K in 2019. Net profit came in at SAR -2M, up 96.7% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20202019
RevenueSAR -525KSAR -936K
Net ProfitSAR -2MSAR -67M
Gross ProfitSAR -525KSAR -936K
Net Margin423.2%7208.8%
ROE-1.6%-46.5%
Total AssetsSAR 185MSAR 187M
Total EquitySAR 143MSAR 145M

Year on Year Comparison

Revenue increased by 43.9% compared to 2019. Net profit increased by 96.7%. Both revenue and profit grew — indicating expanding business.

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: 2021-03-31.