Al-Jouf Agricultural Development Co. 2023 Annual Results
Al-Jouf Agricultural Development Co. (6070) reported full year 2023 revenue of SAR 426M, up 92.3% from SAR 222M in 2022. Net profit came in at SAR 69M, up 35.4% year on year. Earnings per share were SAR 2.07. The company generated SAR 55M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.
Earnings Quality
Of every SAR 1.00 in reported net profit, SAR 0.80 arrived as operating cash flow — indicating Moderate quality earnings with a cash conversion ratio of 0.80.
Year on Year Comparison
Revenue increased by 92.3% compared to 2022. Net profit increased by 35.4%. 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: 2024-04-02.