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Al-Jouf Agricultural Development Co. 2022 Annual Results

Revenue
SAR 222M
Net Profit
SAR 51M

Al-Jouf Agricultural Development Co. (6070) reported full year 2022 revenue of SAR 222M, down 9.2% from SAR 244M in 2021. Net profit came in at SAR 51M, up 193.9% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR 222MSAR 244M
Net ProfitSAR 51MSAR 17M
Gross ProfitSAR 120MSAR 68M
Net Margin23.0%7.1%
ROE7.7%2.8%
Total AssetsSAR 909MSAR 751M
Total EquitySAR 668MSAR 628M

Year on Year Comparison

Revenue decreased by 9.2% compared to 2021. Net profit increased by 193.9%. 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: 2023-03-12.